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South Ocean Holdings Limited, an investment holding company, manufactures and distributes electrical wires in South Africa. The company operates through two segments, Electrical Cable Manufacturing, and Property Investments. It offers bare copper earth wires, general purpose house wires, flat-twin and earth cables, surface wiring, twin illumination cables, cabtyre, single core flex, solid panel wire, flex power, ripcord, mains cord, submersible pump cables, nitrile trailing cables, PVC nitrile welding cables, flame retardant armoured cables, low halogen armoured cables, armoured cables, single core double PVC cables, single core double PVC AWA PVC cables, aluminium conductors, aluminium conductor steel reinforced, low-voltage aerial bundle conductors, and conduit pipes, as well as copper and aluminum cables. In addition, it invests in properties. The company sells its products to electrical wholesalers and distributors. South Ocean Holdings Limited was founded in 1989 and is based in Alrode, South Africa.

South Ocean Dividend Announcement

South Ocean announced a annually dividend of R11.00 per ordinary share which will be made payable on . Ex dividend date: 2024-04-17
South Ocean annual dividend for 2024 was R11.00
South Ocean annual dividend for 2023 was R6.00
South Ocean's trailing twelve-month (TTM) dividend yield is 5.5%
South Ocean's payout ratio for the trailing twelve months (TTM) is 21.54%

South Ocean Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-17R11.00annually
2023-04-19R6.00annually2023-04-24
2022-04-20R9.00annually2022-04-25
2021-03-30R3.00annually2021-04-06
2010-04-01R3.00annually
2008-09-01R7.00annually
2008-04-07R20.00annually
2007-08-27R6.00annually

South Ocean Dividend per year

South Ocean Dividend growth

South Ocean Dividend Yield

South Ocean current trailing twelve-month (TTM) dividend yield is 5.5%. Interested in purchasing South Ocean stock? Use our calculator to estimate your expected dividend yield:

South Ocean Financial Ratios

P/E ratio3.92
PEG ratio-6.84
P/B ratio0.59
ROE15.24%
Payout ratio21.54%
Current ratio1.77
Quick ratio0.73
Cash Ratio0.00

South Ocean Dividend FAQ

How much is the next South Ocean dividend?
South Ocean's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next South Ocean dividend. The next South Ocean dividend will be released in April.
When is South Ocean dividend paid?
South Ocean pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 South Ocean pay?
The specific amount of South Ocean 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 South Ocean's dividend history.
Does South Ocean stock pay dividends?
Yes, South Ocean 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 South Ocean's dividend history.
How much dividend does South Ocean pay?
South Ocean paid R11 in 2024, R6 in 2023, R9 in 2022, R3 in 2021, and R0 in 2020.
How often does South Ocean pay dividends?
South Ocean typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is South Ocean's dividend yield?
The current dividend yield for South Ocean is 5.5%. 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 South Ocean's exact dividend yield.
When does South Ocean go ex dividend?
South Ocean's ex-dividend date for the latest dividend was on 2024-04-17. South Ocean 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 South Ocean dividend paid?
South Ocean pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will South Ocean 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 South Ocean 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 South Ocean dividend per share?
South Ocean paid R11 per share in 2024 and R6 per share in 2023. The amount of dividend per share that South Ocean 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 South Ocean 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 South Ocean 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 South Ocean a dividend stock?
Yes, South Ocean is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is South Ocean a good dividend stock?
Whether South Ocean is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. South Ocean has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating South Ocean 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 South Ocean pay dividends monthly?
South Ocean typically pays dividends on a annually basis.
Does South Ocean pay dividends quarterly?
South Ocean currently pays dividends on a annually basis.
Has South Ocean ever paid a dividend?
Yes, South Ocean has a history of paying dividends to its shareholders. South Ocean is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy South Ocean dividend stocks?
To buy South Ocean 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 South Ocean 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 South Ocean pay dividends 2024?
South Ocean pays dividends on a annually basis. 2024 dividend payments are in . 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 South Ocean increase its dividend in 2024?
Decisions regarding South Ocean 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 South Ocean dividend overview you can look into the above table of dividend history.
How South Ocean dividend works?
The South Ocean 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 South Ocean's dividend process works:

1. Determination of Dividend: South Ocean'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, South Ocean 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, South Ocean 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 South Ocean 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 South Ocean dividends paid?
South Ocean dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: South Ocean 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, South Ocean distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: South Ocean 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 South Ocean pay dividends?
South Ocean typically pays dividends on a annually 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 South Ocean pay dividends?
The general pattern is that South Ocean pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is South Ocean dividend safe?
The safety of South Ocean'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 South Ocean'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 South Ocean'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.