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 R90.00 per ordinary share which will be made payable on 2024-07-01. Ex dividend date: 2024-06-26
• Sygnia annual dividend for 2024 was R90.00
• Sygnia annual dividend for 2023 was R210.00
• Sygnia's trailing twelve-month (TTM) dividend yield is 10.14%
• 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 |
|---|---|---|---|
| 2024-06-26 | 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 10.14%. Interested in purchasing Sygnia stock? Use our calculator to estimate your expected dividend yield:
Sygnia Financial Ratios
P/E ratio8.18
PEG ratio94.65
P/B ratio4.08
ROE48.99%
Payout ratio96.97%
Current ratio1.27
Quick ratio1.27
Cash Ratio0.77
Sygnia Dividend FAQ
How much is the next Sygnia dividend?
Sygnia's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sygnia dividend. The next Sygnia dividend will be released in June, or December.
When is Sygnia dividend paid?
Sygnia pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and December. 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 Sygnia pay?
The specific amount of Sygnia 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 Sygnia's dividend history.
Does Sygnia stock pay dividends?
Yes, Sygnia 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 Sygnia's dividend history.
How much dividend does Sygnia pay?
Sygnia paid R90.0 in 2024, R210.0 in 2023, R210.0 in 2022, R183.0 in 2021, and R110.0 in 2020.
How often does Sygnia pay dividends?
Sygnia typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and December.
What is Sygnia's dividend yield?
The current dividend yield for Sygnia is 10.14%. 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 Sygnia's exact dividend yield.
When does Sygnia go ex dividend?
Sygnia's ex-dividend date for the latest dividend was on 2024-06-26. Sygnia 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 Sygnia dividend paid?
Sygnia pays dividends on a semi annually basis, typically around June, or December, but the exact dates can vary each year.
Will Sygnia 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 Sygnia 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 Sygnia dividend per share?
Sygnia paid R90.0 per share in 2024 and R210.0 per share in 2023. The amount of dividend per share that Sygnia 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 Sygnia 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 Sygnia 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 Sygnia a dividend stock?
Yes, Sygnia is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sygnia a good dividend stock?
Whether Sygnia is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sygnia has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Sygnia pay dividends monthly?
Sygnia typically pays dividends on a semi annually basis.
Does Sygnia pay dividends quarterly?
Sygnia currently pays dividends on a semi annually basis.
Has Sygnia ever paid a dividend?
Yes, Sygnia has a history of paying dividends to its shareholders. Sygnia is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sygnia dividend stocks?
To buy Sygnia 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 Sygnia 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 Sygnia 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 Sygnia pay dividends 2024?
Sygnia pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-01. 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 Sygnia increase its dividend in 2024?
Decisions regarding Sygnia 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 Sygnia dividend overview you can look into the above table of dividend history.
How Sygnia dividend works?
The Sygnia 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 Sygnia's dividend process works:
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. 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.
How are Sygnia dividends paid?
Sygnia dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Sygnia pay dividends?
Sygnia typically pays dividends on a semi 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 Sygnia pay dividends?
The general pattern is that Sygnia pays dividends around June, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sygnia dividend safe?
The safety of Sygnia'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 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.
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.