Frontier Transport Holdings Limited, an investment holding company, operates in the commuter transport sector. It operates buses for scheduled passenger services; and commuter buses and luxury coaches in the schools and tourism markets. The company also provides trunk services; used trucks, buses, and branded aftermarket spare parts; and tire retreading, trailer and tire inspections, and rim refinishing services. In addition, it sells new tires; and owns and lets properties. The company operates a fleet of 48 luxury and semi-luxury coaches in the schools and luxury tour markets; 58 buses providing services from Atlantis to the Cape Metropole; 78 vehicles, which offer trunk services along the Atlantic corridor from Table View to the CBD, as well as services from the CBD to Sea Point and Camps Bay; and eight vehicles that provide shuttle services. The company was formerly known as Hosken Passenger Logistics and Rail Limited and changed its name to Frontier Transport Holdings Limited in September 2021. The company was founded in 1861 and is based in Cape Town, South Africa. Frontier Transport Holdings Limited is a subsidiary of Hosken Consolidated Investments Limited.
Frontier Transport Dividend Announcement
• Frontier Transport announced a quarterly dividend of R25.90 per ordinary share which will be made payable on 2024-12-17. Ex dividend date: 2024-12-11
• Frontier Transport annual dividend for 2024 was R187.48
• Frontier Transport annual dividend for 2023 was R59.20
• Frontier Transport's trailing twelve-month (TTM) dividend yield is 24.13%
• Frontier Transport's payout ratio for the trailing twelve months (TTM) is 131.05%
• Frontier Transport's dividend growth over the last five years (2018-2023) was -4.62% year
Frontier Transport Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-11 | R25.90 | quarterly | 2024-12-17 |
2024-06-12 | R24.20 | quarterly | 2024-06-18 |
2024-02-07 | R137.38 | quarterly | 2024-02-12 |
2023-12-12 | R24.20 | quarterly | 2023-12-18 |
2023-06-13 | R35.00 | quarterly | 2023-06-19 |
2022-12-13 | R22.00 | quarterly | 2022-12-19 |
2022-06-14 | R32.00 | quarterly | 2022-06-20 |
2021-12-14 | R20.00 | quarterly | 2021-12-20 |
2021-06-15 | R26.00 | quarterly | 2021-06-21 |
2020-12-09 | R18.00 | quarterly | 2020-12-14 |
2020-06-17 | R31.00 | quarterly | 2020-06-22 |
2019-12-11 | R14.00 | quarterly | 2019-12-17 |
2019-06-12 | R28.00 | quarterly | 2019-06-18 |
2019-02-13 | R80.00 | quarterly | 2019-02-18 |
2018-12-12 | R75.00 | quarterly | 2018-12-18 |
Frontier Transport Dividend per year
Frontier Transport Dividend growth
Frontier Transport Dividend Yield
Frontier Transport current trailing twelve-month (TTM) dividend yield is 24.13%. Interested in purchasing Frontier Transport stock? Use our calculator to estimate your expected dividend yield:
Frontier Transport Financial Ratios
Frontier Transport Dividend FAQ
Other factors to consider when evaluating Frontier Transport 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: Frontier Transport'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, Frontier Transport 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, Frontier Transport 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 Frontier Transport 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: Frontier Transport 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, Frontier Transport distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Frontier Transport 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 Frontier Transport'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 Frontier Transport'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.