Sanlam Limited provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, and internationally. The company operates through Sanlam Life and Savings, Sanlam Emerging Markets, Sanlam Investment Group, and Santam segments. It offers life, disability, severe illness, income protection, funeral, credit life, health, short-term, medical, and group risk benefits, business debt, commercial insurance products; reinsurance products; financial planning and retirement, personal motor and property, solutions; investment products; wealth, and professionals and graduates insurance services; and personal and home loans, and credit cards. The company also provides payment and debit cards order collection, corporate credit, debt and equity structuring, business advice, risk management, and employee health and retirement plans for small and medium businesses, and self-employed professionals. The company was founded in 1918 and is headquartered in Bellville, South Africa.
Sanlam Dividend Announcement
• Sanlam announced a annually dividend of $0.02 per ordinary share which will be made payable on . Ex dividend date: 2024-04-04
• Sanlam annual dividend for 2024 was $0.02
• Sanlam annual dividend for 2023 was $0.02
• Sanlam's trailing twelve-month (TTM) dividend yield is 0.23%
• Sanlam's payout ratio for the trailing twelve months (TTM) is 75.11%
Sanlam Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-04 | $0.02 | annually | |
2023-04-05 | $0.02 | annually | 2023-04-18 |
2022-04-07 | $0.03 | annually | 2022-04-18 |
2021-04-08 | $0.03 | annually | 2021-04-19 |
2020-04-16 | $0.02 | annually | 2020-04-27 |
2018-04-05 | $0.04 | annually | 2018-04-16 |
2017-04-05 | $0.03 | annually | 2017-04-17 |
2016-04-06 | $0.02 | annually | |
2015-04-15 | $0.03 | annually | |
2014-04-09 | $0.09 | annually | |
2013-04-24 | $0.13 | annually | |
2012-04-24 | $0.11 | annually |
Sanlam Dividend per year
Sanlam Dividend growth
Sanlam Dividend Yield
Sanlam current trailing twelve-month (TTM) dividend yield is 0.23%. Interested in purchasing Sanlam stock? Use our calculator to estimate your expected dividend yield:
Sanlam Financial Ratios
Sanlam Dividend FAQ
Other factors to consider when evaluating Sanlam 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: Sanlam'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, Sanlam 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, Sanlam 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 Sanlam 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: Sanlam 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, Sanlam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sanlam 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 Sanlam'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 Sanlam'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.