Shoprite Holdings Limited, an investment holding company, primarily engages in the food retailing business in South Africa and internationally. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, cosmetic, and liquor products; furniture, home entertainment, and floor covering products; and liquors, electrical and household appliances, and soft furnishings. In addition, the company distributes various pharmaceutical products and surgical equipment to pharmacies, hospitals, clinics, dispensing doctors, and veterinary surgeons. As of July 04, 2021, it operated 2,913 stores under the Shoprite, Shoprite Hyper, Checkers, Checkers Hyper, Usave, Shoprite LiquorShop, Checkers LiquorShop, House & Home, OK Furniture & Power Express, MediRite Pharmacy, TransPharm, Computicket, Computicket Travel, Checkers Food Services, Freshmark, k'nect, OK Foods, OK Grocer, OK MiniMark, OK Express, Sentra, OK Liquor, and Megasave brands. Further, the company provides ticketing, and car rental and accommodation services; stadium management, capacity management, travel management, and access control solutions; and short-term insurance and treasury management services. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa.
Shoprite Dividend Announcement
• Shoprite announced a semi annually dividend of $0.19 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-27
• Shoprite annual dividend for 2024 was $0.19
• Shoprite annual dividend for 2023 was $0.02
• Shoprite's trailing twelve-month (TTM) dividend yield is 1.09%
• Shoprite's payout ratio for the trailing twelve months (TTM) is 55.31%
• Shoprite's dividend growth over the last five years (2018-2023) was -7.20% year
• Shoprite's dividend growth over the last ten years (2013-2023) was -12.80% year
Shoprite Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.19 | semi annually | 2024-10-10 |
2024-03-27 | $0.01 | semi annually | 2024-04-12 |
2023-09-28 | $0.01 | semi annually | 2023-10-12 |
2023-04-05 | $0.01 | semi annually | 2023-04-21 |
2022-09-29 | $0.01 | semi annually | 2022-10-13 |
2022-04-07 | $0.01 | semi annually | 2022-04-21 |
2021-09-30 | $0.02 | semi annually | 2021-10-14 |
2021-04-08 | $0.01 | semi annually | 2021-04-22 |
2020-10-01 | $0.01 | semi annually | 2020-10-15 |
2020-03-12 | $0.01 | semi annually | 2020-03-26 |
2019-09-05 | $0.01 | semi annually | 2019-09-19 |
2019-03-14 | $0.01 | semi annually | 2019-03-28 |
2018-09-06 | $0.01 | semi annually | 2018-09-20 |
2018-03-15 | $0.01 | semi annually | 2018-03-29 |
2017-09-07 | $0.02 | semi annually | 2017-09-21 |
2017-03-15 | $0.01 | semi annually | 2017-03-30 |
2016-09-07 | $0.01 | semi annually | |
2016-03-16 | $0.01 | semi annually | |
2015-09-09 | $0.01 | semi annually | |
2015-03-18 | $0.01 | semi annually | |
2014-09-10 | $0.02 | semi annually | |
2014-03-18 | $0.01 | semi annually | |
2013-09-11 | $0.04 | semi annually | |
2013-03-13 | $0.03 | semi annually |
Shoprite Dividend per year
Shoprite Dividend growth
Shoprite Dividend Yield
Shoprite current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing Shoprite stock? Use our calculator to estimate your expected dividend yield:
Shoprite Financial Ratios
Shoprite Dividend FAQ
Other factors to consider when evaluating Shoprite 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: Shoprite'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, Shoprite 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, Shoprite 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 Shoprite 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: Shoprite 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, Shoprite distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shoprite 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 Shoprite'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 Shoprite'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.