The Foschini Group Limited, together with its subsidiaries, operates independent chain-stores in South Africa and internationally. The company operates through TFG Africa Retail, Credit, TFG London, and TFG Australia segments. It offers clothing for men, ladies, and kids; jewelry; cellphones; accessories; cosmetics; sporting and outdoor apparel, and footwear and equipment; and homeware and furniture. The company provides its products under the @home, @homelivingspace, American Swiss, Archive, Connor, Donna, Exact, Fabiani, The FIX, Foschini, Galaxy & Co, G-Star RAW, Hi, Hobbs, Jet, Johnny Bigg, Markham, Phase Eight, Relay Jeans, RFO, Rockwear, Sneaker Factory, SODA Bloc, Sportscene, Sterns, Tarocash, Totalsports, Whistles, and yd. As of March 31, 2022, it operated 4,351 outlets in 26 countries. The company also offers its products online. The company was formerly known as Foschini Limited and changed its name to The Foschini Group Limited in September 2010. The Foschini Group Limited was founded in 1924 and is headquartered in Cape Town, South Africa.
Foschini Dividend Announcement
• Foschini announced a semi annually dividend of $0.05 per ordinary share which will be made payable on 2025-01-21. Ex dividend date: 2025-01-03
• Foschini's trailing twelve-month (TTM) dividend yield is 1.84%
• Foschini's payout ratio for the trailing twelve months (TTM) is 33.65%
Foschini Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-01-03 | $0.05 | semi annually | 2025-01-21 |
2024-07-19 | $0.01 | semi annually | 2024-08-05 |
2024-01-04 | $0.00 | semi annually | 2024-01-22 |
2023-07-20 | $0.00 | semi annually | 2023-08-07 |
2023-01-05 | $0.01 | semi annually | 2023-01-23 |
2022-07-21 | $0.01 | semi annually | 2022-08-08 |
2022-01-07 | $0.01 | semi annually | 2022-01-24 |
Foschini Dividend per year
Foschini Dividend growth
Foschini Dividend Yield
Foschini current trailing twelve-month (TTM) dividend yield is 1.84%. Interested in purchasing Foschini stock? Use our calculator to estimate your expected dividend yield:
Foschini Financial Ratios
Foschini Dividend FAQ
Other factors to consider when evaluating Foschini as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Foschini's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Foschini publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Foschini distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Foschini are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Foschini sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Foschini distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Foschini declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Foschini's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Foschini's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.