Santam Ltd, together with its subsidiaries, provides various general insurance products in South Africa, rest of Africa, Southeast Asia, India, the Middle East, and internationally. The company offers personal insurance products, including car, building, home contents, drone, executive, and watercraft insurance, as well as smartpark and SOS services. It also provides commercial insurance products comprising business, guesthouse, tourism, leisure, and entertainment insurance products. In addition, the company offers specialist insurance products, such as aviation, cell captive, corporate property, court bonds, engineering, heavy haulage, hospitality industry, liability, marine, private client, seamless product, structured, travel, taxi, and real estate insurance; and agriculture insurance products, such as asset, crop, and fire insurance. Further, it engages in the investment and reinsurance activities. The company was founded in 1918 and is headquartered in Bellville, South Africa. Santam Ltd is a subsidiary of Sanlam Ltd.
Santam Dividend Announcement
• Santam announced a quarterly dividend of R535.00 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-18
• Santam annual dividend for 2024 was R1440.00
• Santam annual dividend for 2023 was R3120.00
• Santam's trailing twelve-month (TTM) dividend yield is 3.85%
• Santam's payout ratio for the trailing twelve months (TTM) is 88.97%
• Santam's dividend growth over the last five years (2018-2023) was 26.09% year
• Santam's dividend growth over the last ten years (2013-2023) was 16.95% year
Santam Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-18 | R535.00 | quarterly | 2024-09-23 |
| 2024-03-19 | R905.00 | quarterly | |
| 2023-10-04 | R1780.00 | quarterly | 2023-10-09 |
| 2023-09-20 | R495.00 | quarterly | 2023-09-26 |
| 2023-03-22 | R845.00 | quarterly | 2023-03-27 |
| 2022-09-21 | R462.00 | quarterly | 2022-09-26 |
| 2022-03-23 | R800.00 | quarterly | 2022-03-28 |
| 2021-09-21 | R432.00 | quarterly | 2021-09-27 |
| 2021-09-17 | R432.00 | quarterly | |
| 2020-03-25 | R718.00 | quarterly | 2020-03-30 |
| 2019-09-18 | R392.00 | quarterly | 2019-09-23 |
| 2019-03-19 | R665.00 | quarterly | 2019-03-25 |
| 2018-09-19 | R363.00 | quarterly | 2018-09-25 |
| 2018-03-20 | R616.00 | quarterly | 2018-03-26 |
| 2017-09-20 | R336.00 | quarterly | 2017-09-26 |
| 2017-03-22 | R570.00 | quarterly | 2017-03-27 |
| 2016-09-21 | R800.00 | quarterly | |
| 2016-03-17 | R528.00 | quarterly | |
| 2015-09-14 | R288.00 | quarterly | |
| 2015-03-23 | R480.00 | quarterly | |
| 2014-09-15 | R262.00 | quarterly | |
| 2014-03-24 | R433.00 | quarterly | |
| 2013-09-20 | R242.00 | quarterly | |
| 2013-03-15 | R410.00 | quarterly |
Santam Dividend per year
Santam Dividend growth
Santam Dividend Yield
Santam current trailing twelve-month (TTM) dividend yield is 3.85%. Interested in purchasing Santam stock? Use our calculator to estimate your expected dividend yield:
Santam Financial Ratios
P/E ratio8.25
PEG ratio-122.93
P/B ratio3.61
ROE45.51%
Payout ratio88.97%
Current ratio5.51
Quick ratio5.51
Cash Ratio1.40
Santam Dividend FAQ
How much is the next Santam dividend?
Santam's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Santam dividend. The next Santam dividend will be released in March, September, or October.
When is Santam dividend paid?
Santam pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, September, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Santam pay?
The specific amount of Santam dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Santam's dividend history.
Does Santam stock pay dividends?
Yes, Santam does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Santam's dividend history.
How much dividend does Santam pay?
Santam paid R1440.0 in 2024, R3120.0 in 2023, R1262.0 in 2022, R864.0 in 2021, and R718.0 in 2020.
How often does Santam pay dividends?
Santam typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, September, and October.
What is Santam's dividend yield?
The current dividend yield for Santam is 3.85%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Santam's exact dividend yield.
When does Santam go ex dividend?
Santam's ex-dividend date for the latest dividend was on 2024-09-18. Santam typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Santam dividend paid?
Santam pays dividends on a quarterly basis, typically around March, September, or October, but the exact dates can vary each year.
Will Santam increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Santam will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Santam dividend per share?
Santam paid R1440.0 per share in 2024 and R3120.0 per share in 2023. The amount of dividend per share that Santam pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Santam a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Santam a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Santam a dividend stock?
Yes, Santam is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Santam a good dividend stock?
Whether Santam is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Santam has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Santam 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.
Other factors to consider when evaluating Santam 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.
Does Santam pay dividends monthly?
Santam typically pays dividends on a quarterly basis.
Does Santam pay dividends quarterly?
Santam currently pays dividends on a quarterly basis.
Has Santam ever paid a dividend?
Yes, Santam has a history of paying dividends to its shareholders. Santam is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Santam dividend stocks?
To buy Santam you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Santam stock.
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.
Place an order: Use the brokerage's trading platform to place an order to buy Santam stock.
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.
When does Santam pay dividends 2024?
Santam pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Santam increase its dividend in 2024?
Decisions regarding Santam dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Santam dividend overview you can look into the above table of dividend history.
How Santam dividend works?
The Santam dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Santam's dividend process works:
1. Determination of Dividend: Santam'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, Santam 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, Santam 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 Santam 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. Determination of Dividend: Santam'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, Santam 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, Santam 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 Santam 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.
How are Santam dividends paid?
Santam dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Santam 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, Santam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Santam 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.
1. Record Date: Santam 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, Santam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Santam 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.
How many times does Santam pay dividends?
Santam typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Santam pay dividends?
The general pattern is that Santam pays dividends around March, September, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Santam dividend safe?
The safety of Santam's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Santam'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 Santam'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.
To assess the safety of Santam'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 Santam'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.