JSE Limited operates as a securities exchange in South Africa. It offers capital markets, post-trade, and information services, as well as listings, trading, and issuer services. The company also provides trading services for equities and indices; debt, including corporate, green, and government bonds; and derivative markets, such as equity, bond, interest rate, commodity, and currency derivatives; and repo market, as well as offers equity market data. It also offers clearing, risk management, and settlement services for the equity, bonds, and derivatives markets. JSE Limited was incorporated in 1887 and is based in Johannesburg, South Africa.
JSE Dividend Announcement
• JSE announced a annually dividend of R784.00 per ordinary share which will be made payable on 2024-04-15. Ex dividend date: 2024-04-10
• JSE annual dividend for 2024 was R784.00
• JSE annual dividend for 2023 was R769.00
• JSE's trailing twelve-month (TTM) dividend yield is 6.52%
• JSE's payout ratio for the trailing twelve months (TTM) is 79.42%
• JSE's dividend growth over the last five years (2018-2023) was 4.91% year
• JSE's dividend growth over the last ten years (2013-2023) was 11.89% year
JSE Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-10 | R784.00 | annually | 2024-04-15 |
2023-03-29 | R769.00 | annually | 2023-04-03 |
2022-03-23 | R100.00 | annually | 2022-03-28 |
2021-03-24 | R725.00 | annually | 2021-03-29 |
2020-03-25 | R150.00 | annually | 2020-03-30 |
2019-03-19 | R185.00 | annually | 2019-03-25 |
2018-03-20 | R605.00 | annually | 2018-03-26 |
2017-03-22 | R560.00 | annually | 2017-03-27 |
2016-03-14 | R105.00 | annually | |
2015-06-08 | R80.00 | annually | |
2014-05-26 | R50.00 | annually | |
2013-05-20 | R250.00 | annually |
JSE Dividend per year
JSE Dividend growth
JSE Dividend Yield
JSE current trailing twelve-month (TTM) dividend yield is 6.52%. Interested in purchasing JSE stock? Use our calculator to estimate your expected dividend yield:
JSE Financial Ratios
JSE Dividend FAQ
Other factors to consider when evaluating JSE 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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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: JSE'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, JSE 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, JSE 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 JSE 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: JSE 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, JSE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JSE 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 JSE'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 JSE'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.