Sygnia Limited provides investment management and administration services to institutional and retail clients in South Africa. The company offers multi-manager investment, index-tracking investment, and umbrella retirement funds; and transition management, and stockbroking and securities lending services, as well as manages and administers custom-designed investment strategies. It also provides investment administration services, such as multi-tier unitization, monthly administration reporting, consolidated financial accounting information, monitoring of compliance with mandates and legislation, regulatory reporting, performance and risk analysis reporting, and asset liability modelling. In addition, the company offers liability administration and consulting, digital financial advisory, and treasury services; and a range of savings products, including retirement annuities, living annuities, preservation pension and provident funds, tax-free savings accounts, and direct unit trust investments. Sygnia Limited was incorporated in 2007 and is headquartered in Cape Town, South Africa.
Sygnia Dividend Announcement
• Sygnia announced a semi annually dividend of R127.00 per ordinary share which will be made payable on 2024-12-30. Ex dividend date: 2024-12-23
• Sygnia annual dividend for 2024 was R217.00
• Sygnia annual dividend for 2023 was R210.00
• Sygnia's trailing twelve-month (TTM) dividend yield is 9.18%
• Sygnia's payout ratio for the trailing twelve months (TTM) is 96.97%
• Sygnia's dividend growth over the last five years (2018-2023) was 28.47% year
Sygnia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-23 | R127.00 | semi annually | 2024-12-30 |
2024-06-26 | R90.00 | semi annually | 2024-07-01 |
2023-12-20 | R123.00 | semi annually | 2023-12-27 |
2023-06-21 | R87.00 | semi annually | 2023-06-26 |
2022-12-21 | R130.00 | semi annually | 2022-12-28 |
2022-06-29 | R80.00 | semi annually | 2022-07-04 |
2021-12-29 | R80.00 | semi annually | 2022-01-03 |
2021-10-13 | R48.00 | semi annually | 2021-10-18 |
2021-06-23 | R55.00 | semi annually | 2021-06-28 |
2020-12-29 | R70.00 | semi annually | 2021-01-04 |
2020-07-01 | R40.00 | semi annually | 2020-07-06 |
2019-12-23 | R35.00 | semi annually | 2019-12-30 |
2019-06-19 | R25.00 | semi annually | 2019-06-24 |
2018-12-19 | R35.00 | semi annually | 2018-12-24 |
2018-06-13 | R25.00 | semi annually | 2018-06-18 |
2017-12-20 | R35.00 | semi annually | 2017-12-27 |
2017-06-13 | R24.54 | semi annually | 2017-06-19 |
2017-01-04 | R26.51 | semi annually | |
2016-06-10 | R24.54 | semi annually |
Sygnia Dividend per year
Sygnia Dividend growth
Sygnia Dividend Yield
Sygnia current trailing twelve-month (TTM) dividend yield is 9.18%. Interested in purchasing Sygnia stock? Use our calculator to estimate your expected dividend yield:
Sygnia Financial Ratios
Sygnia Dividend FAQ
Other factors to consider when evaluating Sygnia 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: Sygnia'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, Sygnia 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, Sygnia 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 Sygnia 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: Sygnia 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, Sygnia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sygnia 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 Sygnia'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 Sygnia'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.