Oceana Group Limited operates as a fishing company in South Africa, Namibia, rest of Africa, North America, Europe, the Far East, and internationally. It engages in catching, processing, and procuring various marine species, including pilchard, anchovy, redeye herring, Gulf menhaden, tuna, lobster, squid, horse mackerel, and hake. The company also markets and sells canned fish, fishmeal, and fish oil. In addition, it provides refrigerated warehouse facilities for cold storage, and logistical support services. The company was incorporated in 1918 and is headquartered in Cape Town, South Africa.
Oceana Dividend Announcement
• Oceana announced a quarterly dividend of R195.00 per ordinary share which will be made payable on 2024-07-01. Ex dividend date: 2024-06-26
• Oceana annual dividend for 2024 was R195.00
• Oceana annual dividend for 2023 was R435.00
• Oceana's trailing twelve-month (TTM) dividend yield is 7.25%
• Oceana's payout ratio for the trailing twelve months (TTM) is 39.05%
• Oceana's dividend growth over the last five years (2018-2023) was 31.18% year
• Oceana's dividend growth over the last ten years (2013-2023) was 2.33% year
Oceana Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | R195.00 | quarterly | 2024-07-01 |
2023-12-20 | R305.00 | quarterly | 2023-12-27 |
2023-06-21 | R130.00 | quarterly | 2023-06-26 |
2022-12-21 | R291.00 | quarterly | 2022-12-28 |
2022-06-22 | R55.00 | quarterly | 2022-06-27 |
2022-03-30 | R248.00 | quarterly | 2022-04-04 |
2021-06-30 | R110.00 | quarterly | 2021-07-05 |
2020-12-29 | R293.00 | quarterly | 2021-01-04 |
2020-08-12 | R100.00 | quarterly | 2020-08-17 |
2019-12-18 | R240.00 | quarterly | 2019-12-23 |
2019-06-26 | R123.00 | quarterly | 2019-07-01 |
2019-01-09 | R304.00 | quarterly | 2019-01-14 |
2018-06-27 | R112.00 | quarterly | 2018-07-02 |
2017-06-28 | R90.00 | quarterly | 2017-07-03 |
2017-01-11 | R357.00 | quarterly | |
2016-06-27 | R112.00 | quarterly | |
2016-01-11 | R259.00 | quarterly | |
2015-06-29 | R102.83 | quarterly | |
2015-01-12 | R262.89 | quarterly | |
2014-06-23 | R102.83 | quarterly | |
2014-01-06 | R215.36 | quarterly | |
2013-06-24 | R97.01 | quarterly | |
2013-01-07 | R248.34 | quarterly |
Oceana Dividend per year
Oceana Dividend growth
Oceana Dividend Yield
Oceana current trailing twelve-month (TTM) dividend yield is 7.25%. Interested in purchasing Oceana stock? Use our calculator to estimate your expected dividend yield:
Oceana Financial Ratios
Oceana Dividend FAQ
Other factors to consider when evaluating Oceana 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: Oceana'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, Oceana 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, Oceana 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 Oceana 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: Oceana 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, Oceana distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oceana 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 Oceana'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 Oceana'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.