Pick n Pay Stores Limited, together with its subsidiaries, engages in the retail of food, grocery, clothing, liquor, and general merchandise products in South Africa and Rest of Africa. It owns and franchises hypermarkets, supermarkets, clothing stores, liquor stores, superstores, build stores, punch stores, and express stores under the Pick n Pay and Boxer brands. The company also offers its products through an online shopping platform www.pnp.co.za. It operates a network of 2,081 owned and franchised stores. Pick n Pay Stores Limited was founded in 1967 and is based in Cape Town, South Africa.
Pick n Pay Stores Dividend Announcement
• Pick n Pay Stores announced a semi annually dividend of R140.30 per ordinary share which will be made payable on 2023-06-05. Ex dividend date: 2023-05-31
• Pick n Pay Stores annual dividend for 2023 was R140.30
• Pick n Pay Stores's trailing twelve-month (TTM) dividend yield is -%
• Pick n Pay Stores's payout ratio for the trailing twelve months (TTM) is -17.10%
• Pick n Pay Stores's dividend growth over the last five years (2018-2023) was -6.32% year
• Pick n Pay Stores's dividend growth over the last ten years (2013-2023) was 5.26% year
Pick n Pay Stores Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-05-31 | R140.30 | semi annually | 2023-06-05 |
2022-11-30 | R44.85 | semi annually | 2022-12-05 |
2022-06-01 | R185.35 | semi annually | 2022-06-06 |
2021-12-01 | R35.80 | semi annually | 2021-12-06 |
2021-06-02 | R161.00 | semi annually | 2021-06-07 |
2020-12-04 | R191.80 | semi annually | 2020-12-07 |
2019-12-04 | R42.80 | semi annually | 2019-12-09 |
2019-06-05 | R192.00 | semi annually | 2019-06-10 |
2018-12-05 | R39.10 | semi annually | 2018-12-10 |
2018-06-06 | R155.40 | semi annually | 2018-06-11 |
2017-12-06 | R33.40 | semi annually | 2017-12-11 |
2017-06-07 | R146.40 | semi annually | 2017-06-12 |
2016-12-07 | R29.90 | semi annually | |
2016-06-06 | R125.20 | semi annually | |
2015-12-07 | R24.20 | semi annually | |
2015-06-08 | R98.50 | semi annually | |
2014-12-08 | R19.60 | semi annually | |
2014-06-09 | R77.50 | semi annually | |
2013-12-09 | R14.80 | semi annually | |
2013-06-10 | R69.25 | semi annually | |
2012-12-10 | R14.75 | semi annually | |
2012-06-04 | R108.35 | semi annually |
Pick n Pay Stores Dividend per year
Pick n Pay Stores Dividend growth
Pick n Pay Stores Dividend Yield
Pick n Pay Stores current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Pick n Pay Stores stock? Use our calculator to estimate your expected dividend yield:
Pick n Pay Stores Financial Ratios
Pick n Pay Stores Dividend FAQ
Other factors to consider when evaluating Pick n Pay Stores 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: Pick n Pay Stores'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, Pick n Pay Stores 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, Pick n Pay Stores 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 Pick n Pay Stores 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: Pick n Pay Stores 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, Pick n Pay Stores distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pick n Pay Stores 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 Pick n Pay Stores'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 Pick n Pay Stores'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.