Momentum Metropolitan Holdings Limited, together with its subsidiaries, provides insurance-based financial services for individuals, companies, institutions, and organizations in South Africa and internationally. It operates through Momentum Life, Momentum Investments, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Non-life Insurance, Momentum Metropolitan Africa, and New Initiatives segments. The company offers long and short-term insurance; employee benefits, including healthcare and retirement provision; asset management, property management, investments, and savings; healthcare administration and health risk management services; and client engagement solutions, such as wellness and rewards programs. It operates under the Metropolitan, Momentum, Guardrisk, and Eris Properties brands names. The company is headquartered in Centurion, South Africa.
Momentum Metropolitan Dividend Announcement
• Momentum Metropolitan announced a semi annually dividend of R65.00 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-16
• Momentum Metropolitan annual dividend for 2024 was R125.00
• Momentum Metropolitan annual dividend for 2023 was R120.00
• Momentum Metropolitan's trailing twelve-month (TTM) dividend yield is 4.13%
• Momentum Metropolitan's payout ratio for the trailing twelve months (TTM) is 46.09%
Momentum Metropolitan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | R65.00 | semi annually | 2024-10-21 |
2024-04-17 | R60.00 | semi annually | |
2023-10-04 | R70.00 | semi annually | 2023-10-09 |
2023-03-29 | R50.00 | semi annually | 2023-04-03 |
2022-10-05 | R65.00 | semi annually | 2022-10-10 |
2022-03-30 | R35.00 | semi annually | 2022-04-04 |
2021-09-29 | R15.00 | semi annually | 2021-10-04 |
2021-03-24 | R25.00 | semi annually | 2021-03-29 |
2020-03-25 | R40.00 | semi annually | 2020-03-30 |
2019-09-25 | R35.00 | semi annually | 2019-09-30 |
2019-03-27 | R35.00 | semi annually | 2019-04-01 |
2017-09-27 | R92.00 | semi annually | 2017-10-02 |
2017-03-29 | R65.00 | semi annually | 2017-04-03 |
2016-09-28 | R92.00 | semi annually | |
2016-03-24 | R65.00 | semi annually | |
2015-09-28 | R92.00 | semi annually | |
2015-03-23 | R63.00 | semi annually | |
2014-09-29 | R50.00 | semi annually | |
2014-03-24 | R57.00 | semi annually | |
2013-09-30 | R76.00 | semi annually | |
2013-03-22 | R51.00 | semi annually | |
2012-10-01 | R65.00 | semi annually | |
2012-03-26 | R44.00 | semi annually |
Momentum Metropolitan Dividend per year
Momentum Metropolitan Dividend growth
Momentum Metropolitan Dividend Yield
Momentum Metropolitan current trailing twelve-month (TTM) dividend yield is 4.13%. Interested in purchasing Momentum Metropolitan stock? Use our calculator to estimate your expected dividend yield:
Momentum Metropolitan Financial Ratios
Momentum Metropolitan Dividend FAQ
Other factors to consider when evaluating Momentum Metropolitan 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: Momentum Metropolitan'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, Momentum Metropolitan 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, Momentum Metropolitan 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 Momentum Metropolitan 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: Momentum Metropolitan 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, Momentum Metropolitan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Momentum Metropolitan 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 Momentum Metropolitan'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 Momentum Metropolitan'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.