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Trustco Group Holdings Limited, together with its subsidiaries, provides banking, financial, and insurance related products and services. The company operates through three segments: Insurance and its Investments, Banking and Finance, and Resources. The Insurance and its Investments segment provides short- and long-term insurance products and services to individuals, and small and medium enterprises. This segment also invests primarily in mixed use land development, as well as offers construction and management services; and engages in the provision of education services. The Banking and Finance segment provides commercial banking and micro-finance to individuals and businesses; financial assistance services for educational and training purposes; and long-term property advances. The Resources segment primarily conducts mining operations with focus on diamond industry. It has operations in Namibia, South Africa, Mauritius, and Sierra Leone. Trustco Group Holdings Limited was founded in 1992 and is headquartered in Windhoek, Namibia.

Trustco Dividend Announcement

Trustco announced a quarterly dividend of R5.00 per ordinary share which will be made payable on . Ex dividend date: 2016-07-27
Trustco's trailing twelve-month (TTM) dividend yield is -%

Trustco Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-07-27R5.00quarterly
2015-11-23R3.40quarterly
2015-07-27R4.00quarterly
2014-07-28R2.75quarterly
2013-11-25R2.00quarterly
2012-11-26R1.90quarterly
2012-07-02R2.25quarterly
2012-01-16R1.75quarterly
2011-07-18R2.00quarterly
2011-01-10R1.50quarterly
2009-09-14R1.80quarterly

Trustco Dividend per year

Trustco Dividend growth

Trustco Dividend Yield

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

Trustco Financial Ratios

P/E ratio-0.51
PEG ratio-4.04
P/B ratio0.30
ROE-45.60%
Payout ratio0.00%
Current ratio0.30
Quick ratio0.30
Cash Ratio0.00

Trustco Dividend FAQ

Does Trustco stock pay dividends?
Trustco does not currently pay dividends to its shareholders.
Has Trustco ever paid a dividend?
No, Trustco has no a history of paying dividends to its shareholders. Trustco is not known for its dividend payments.
Why doesn't Trustco pay dividends?
There are several potential reasons why Trustco would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Trustco ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Trustco has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Trustco a dividend aristocrat?
Trustco is not considered a Dividend Aristocrat. 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 Trustco a dividend king?
Trustco is not classified as a "Dividend King". 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 Trustco a dividend stock?
No, Trustco is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Trustco stocks?
To buy Trustco 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Trustco 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.