Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Dividend payments are a fundamental part of shareholder returns. © 2004-2021 GuruFocus.com, LLC. This stake underpinned a total investment portfolio value of c.R68bn and provided a significant source of dividend income. CAPITEC BANK HOLDINGS LIMITED – Declaration of A Dividend of 289.26 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share 22.02.21 16:00 Capitec Bank Holdings Ltd CEO, Gerrie Fourie, was the recipient of the 2019 Business Leader of the Year Award, as decided by the CEO’s of Sunday Times Top 100 Companies from previous years. During the past 3 years, the average Dividends Per Share Growth Rate was 18.40% per … A few years back, property stocks were a favourite among JSE investors due to their solid payouts, but this sector has turned sour, and twelve of the companies that halted distributions this year are property shares. Dividends per share increased by 20% to 755 cents per share, from 630 cents per share in the prior corresponding period. Capitec Bank is arguably South Africa’s fastest-growing bank. The bank said its client base grew by 15 percent to 11.4 million clients, with 127,000 newcomers per month. Capitec Bank Holdings Ltd. (Capitec or the company) was incorporated in South Africa on 23 November 1999 and registered as a bank controlling company, as envisaged by the Banks Act, Act 94 of 1990, on 29 June 2001. CSL is a global biotech leader. Capitec is scheduled to release its results to end-February in mid-April. Headline earnings – up 19% to R5.29 billion. Dividends made by Capitec Bank Holdings from their … The bank was founded in 2001 and listed on the JSE on the 11 th of February 2002. Get fast and reliable access to 5 000+ instruments from any PC, Mac, tablet or smartphone. Return on equity – 28%. Past performance is a poor indicator of future performance. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 2020 2019 2018 2017 2016 5-year trend; Interest Income: 17,041: 15,501: 15,474: 14,934: 13,412 To facilitate the increased demand for Capitec ’s services, capital expenditure for the year stood at R704 million, which was used for the growing ATM … Redefine paid dividends of R5.5 billion in the year ending August 2019. 1 year: 32.34%. Please enter Portfolio Name for new portfolio. JSE:CPI has been successfully added to your Stock Email Alerts list. is traded in. This feature is only available for Premium Members, please sign up for, Capitec Bank Holdings Ltd Learn more. It opened the day at R137396 after a previous close of R137396. Capitec has over 10 million active clients and growing. Active clients – 11.4 million. The group, whose policy is to pay 40% of headline earnings to shareholders, was due to distribute about R2.5bn to shareholders in its 2019 financial year, … Note: A negative number here means the payment of dividends. This is a high acceptance rate considering the current economic climate. Capitec's Financial Results March 2019, presented by Capitec CEO Gerrie Fourie About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube … Total dividend per share – up 19% to 1 750c. We do business in over 60 countries, with major facilities around the world. Stock quotes provided by InterActive Data. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. It declared a final gross dividend of 1,120 cents per ordinary share, bringing the total dividends for the 2019 financial year to 1,750 cents per share. Share Price: R157.90. Category: Stock Market. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Stock analysis for Capitec Bank Holdings Ltd (CPI:Johannesburg) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The bank is set to pay an R7.55 interim dividend per share and is scheduled to go ex-dividend on the 30th of October 2019. Sasol declares dividends semi-annually in March and September respectively. Capitec was listed in the Banks sector of the JSE Ltd. on 18 February 2002. Capitec bank accepts on average 14 000 new credit card accounts in a month. Sorry. Warning! We take a look at the latest full year financial results for coal mining giant, Exxaro resources for the period ending December 2018. Extracts from the summary audited financial statements for the year ended 28 February 2019: Headline earnings per share – up 19% to 4 577c. Fiscal year is March-February. Audited results. JOHANNESBURG –Banking group Capitec said on Thursday its headline earnings per share were up 19 percent to 4,577 cents in the year to February. Only PremiumPlus Member can access this feature. However, given Sasol's current financial leverage and the risk of a prolonged period of economic uncertainty, the Board believes that it would be prudent to continue with the suspension of dividends. Nedbank Group generally pays a dividend to its ordinary and preferences shareholders twice a year following the announcement of the company's full-year and half-year results Capitec Bank Holdings's Dividends . Capitec share price also increased by 16% for the year, whilst shareholders enjoyed a 26% growth in dividends. Capitec was rated as the best bank in South Africa, following on other accolades such as the top South African bank in the Lafferty global ranking three years in a row, (2016-2018), and the Sunday Times Top 100 Companies Award in 2018. In general, profits from business operations can be allocated to retained earnings or paid to shareholders in the form of dividends or stock buybacks. 58 of 1962)(as amended) (the “Income Tax Act”). You can manage your stock email alerts here. © 2021 Independent Online and affiliated companies. When pays more dividends, the absolute value gets bigger. Recently, Global media company, Forbes Media, released its first-ever ranking of the World’s Best Banks in 2019. Earn affiliate commissions by embedding GuruFocus Charts. The payment day will fall on the 4th of November 2019. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Dividends per share increased by 20% to 755 cents per share, from 630 cents per share in … (CPI) The above shows just how Capitec Bank shares have rewarded long term investors in the bank, with it providing a phenomenal 422% over the last 5 years (excluding dividends) but just share price gains. Dividends are common dividends paid per share, reported as of the ex-dividend date. All values ZAR Millions. "Our continued investment in new payment solutions, digital development and advanced data and analytics will allow us to offer retail clients easier ways to bank and more personalised credit offers," Capitec said. Capitec Bank Holdings's quarterly payment of dividends declined from Aug. 2019 (ZAR-1,298 Mil) to Feb. 2020 (ZAR-877 Mil) and declined from Feb. 2020 (ZAR-877 Mil) to Aug. 2020 (ZAR-7 Mil). The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Click here to check it out. ... You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock. Return on shareholders’ equity for the current period is 28% (August 2018: 27%), Capitec said. JSE Calendar Tracker 2019. It had over 13 million clients as of November 2019, with the company noting that it registered 200 000 clients every month in 2019. GuruFocus has detected 1 Severe Warning Sign with JSE:CPI. Banking group Capitec said on Thursday its headline earnings per share were up 19% to 4,577 cents in the year to February. All rights reserved, Please visit the official Government information portal for Coronavirus by clicking HERE. Fundamental company data provided by Morningstar, updated daily. Capitec Bank Holdings Limited (CPI) is a leading banks-regional business based in South Africa. the Coral structure have benefitted hugely over the years through Capitec dividends and the growth in the share from the base price of R30 at which they have subscribed for the shares. 2. DIVIDEND DECLARATION The directors resolved to declare an interim gross dividend of 755 cents (August 2018: 630 cents) per share from income reserves in respect of the six months ended 31 August 2019. You can find more details by going to one of the sections under this page such as … At the prior rating review in December 2019, Capitec was valued at R48bn and accounted for over 70% of the PSGFS’ investment portfolio value. We empower traders and investors to take control of their financial future. Earnings per share increased by 18% to 5,400 cents per share, from 4,571 cents per share in the prior year; Total dividends per share decreased by … During the past 12 months, Capitec Bank Holdings's average Dividends Per Share Growth Rate was 19.00% per year. JSE:CPI has been removed from your Stock Email Alerts list. Capitec Bank Holdings Ltd (CPI:JNB) forecasts: consensus recommendations, research reports, share price forecasts, dividends, and earning history and estimates. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. All Rights Reserved. Total dividend number 182 of 297 cents (gross) per ordinary share in respect of the 12 months ended 30 September 2019 has been declared subject to the applicable dividends tax levied in terms of the Income Tax Act (Act No. 5 years: 422.51%. Capitec Bank Holdings Ltd (CPIJ) Get information about Capitec Bank dividends and ex-dividend dates. Capitec Bank Holdings's Dividends per Share for the six months ended in Aug. 2020 was ZAR0.00. It said the acquisition of Mercantile Bank Holdings Limited was a strategic move to accelerate the development of a unique business banking offer for clients. Date: 15 March 2019. Get detailed information about the dividend date and dividend announcements for Capitec Bank ADR. Sasol made distributions of R4 billion in its 2019 year. Read full definition. Capitec was founded by Riaan Stassen, Michiel Le Roux and Jannie Mouton who also founded the PSG Group. In its year to end-February 2019, the group declared a final dividend of R11.20; it has about 115-million shares in issue. By September 2019, approximately R11.9bn will have been paid in dividends to PN companies. Global media company, Forbes Media, released its first-ever ranking of the World’s Best Banks in 2019. 3 years: 105.47%. It declared a final gross dividend of 1,120 cents per ordinary share, bringing the total dividends for the 2019 financial year to 1,750 cents per share.