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Zeda Limited provides mobility solutions in South Africa and other countries in Sub-Saharan Africa. It operates through Car Rental Business and Leasing Business segments. The company's rent a car business that provides short term rental and subscription solutions for individuals, business travel, corporates, and government entities under the Avis and Budget brand name. It provides replacement vehicles for its partner insurance companies, as well as other complementary products that include the hire of child car seats, GPS and bike racks, and specialized insurance products. The company's leasing business offers services that comprise the leasing of vehicles, such as motorcycles and heavy commercial vehicles for corporates, small businesses, and government entities. In addition, it provides complementary products, such as telematics, intelligent fuel and accident management, roadside assistance, insurance, and managed maintenance services, as well as maintenance plans. The company was founded in 1967 and is headquartered in Kempton Park, South Africa.

Zeda Dividend Announcement

• Zeda announced a annually dividend of R50.00 per ordinary share which will be made payable on . Ex dividend date: 2024-07-10
• Zeda annual dividend for 2024 was R50.00
• Zeda's trailing twelve-month (TTM) dividend yield is 0.03%
• Zeda's payout ratio for the trailing twelve months (TTM) is 1.28%

Zeda Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-10R50.00annually

Zeda Dividend per year

Zeda Dividend Yield

Zeda current trailing twelve-month (TTM) dividend yield is 0.03%. Interested in purchasing Zeda stock? Use our calculator to estimate your expected dividend yield:

Zeda Financial Ratios

P/E ratio4.04
PEG ratio6.93
P/B ratio1.01
ROE26.59%
Payout ratio1.28%
Current ratio1.23
Quick ratio1.09
Cash Ratio0.15

Zeda Dividend FAQ

Does Zeda stock pay dividends?
Zeda does not currently pay dividends to its shareholders.
Has Zeda ever paid a dividend?
No, Zeda has no a history of paying dividends to its shareholders. Zeda is not known for its dividend payments.
Why doesn't Zeda pay dividends?
There are several potential reasons why Zeda 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 Zeda 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 Zeda 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 Zeda a dividend aristocrat?
Zeda 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 Zeda a dividend king?
Zeda 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 Zeda a dividend stock?
No, Zeda 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 Zeda stocks?
To buy Zeda 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 Zeda 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.