Vunani Limited operates in the financial services sector in South Africa. It operates through Fund Management, Asset Administration, Insurance, Advisory Services, and Institutional securities broking segments. The company offers institutional and retail products, including equities, bonds, inflation-linked bonds, and property, absolute return, and smart beta funds. It also operates as a beneficiary fund administrator for administering funds on behalf of minor dependents of deceased retirement fund members. In addition, the company provides short-term, medical aid, individual life, and employee benefit insurance products. Further, it offers corporate advisory and investment services comprising capital raising, IPOs, BEE transactions, transaction structuring, and book builds and share placements, as well as merger, acquisition, and disposal advisory services. Additionally, the company provides securities broking services to institutional clients; and trades in equities, index futures, single stock futures, currency and interest rate futures, equity options, over the counter options, money market products, and bonds. Vunani Limited was incorporated in 1997 and is headquartered in Sandton, South Africa.
Vunani Dividend Announcement
• Vunani announced a semi annually dividend of R9.00 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-10
• Vunani annual dividend for 2024 was R9.00
• Vunani annual dividend for 2023 was R20.00
• Vunani's trailing twelve-month (TTM) dividend yield is 9.14%
• Vunani's payout ratio for the trailing twelve months (TTM) is 29.77%
• Vunani's dividend growth over the last five years (2018-2023) was 30.92% year
Vunani Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | R9.00 | semi annually | 2024-07-15 |
2023-11-22 | R9.00 | semi annually | 2023-11-27 |
2023-06-21 | R11.00 | semi annually | 2023-06-26 |
2022-11-09 | R9.00 | semi annually | 2022-11-14 |
2022-06-22 | R14.00 | semi annually | 2022-06-27 |
2021-11-10 | R6.50 | semi annually | 2021-11-15 |
2021-06-23 | R7.50 | semi annually | 2021-06-28 |
2020-12-15 | R5.00 | semi annually | 2020-12-21 |
2019-07-24 | R7.40 | semi annually | 2019-07-29 |
2018-07-25 | R5.20 | semi annually | 2018-07-30 |
2017-07-26 | R5.20 | semi annually | 2017-07-31 |
2016-08-24 | R6.00 | semi annually | |
2015-04-20 | R5.50 | semi annually | |
2014-04-11 | R5.00 | semi annually |
Vunani Dividend per year
Vunani Dividend growth
Vunani Dividend Yield
Vunani current trailing twelve-month (TTM) dividend yield is 9.14%. Interested in purchasing Vunani stock? Use our calculator to estimate your expected dividend yield:
Vunani Financial Ratios
Vunani Dividend FAQ
Other factors to consider when evaluating Vunani 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: Vunani'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, Vunani 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, Vunani 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 Vunani 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: Vunani 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, Vunani distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vunani 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 Vunani'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 Vunani'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.