| Market cap | R473.0B |
|---|---|
| P/E | 9.3 |
| EPS | N/A |
| Div yield | 6.09% |
| 52W high | R339.00 |
| 52W low | R235.40 |
| Volume | 351K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 93 live member stances recorded by registered members on this page.
Standard Bank Group is trading near R293.07, approaching the closely-watched R300 resistance level, with investors discussing its dividend payments from lending and banking fees while some add positions to their portfolios.
Summarized from 5 posts · updated nightly
@bongani_crypto_curious oom_frik nailed it, that 170c landed in my EasyEquities wallet last time, then I moved it to my bank. depends on your broker where it sits first.
@bongani_crypto_curious last dividend was around 170 cents per share, so R1,700 on 1,000 shares. Money lands in your broker account, then your bank.
anyone actually got a dividend from SBK, how much was it and where did the money show up?
When SBK pays a dividend, the bank literally divides up some of its profit and sends it to you based on how many shares you own, straight into your bank account. So if you own 100 shares and they pay R2 per share, you get R200, twice a year usually. That's why people hold banks, even on red days.
@dividend_mum_ayesha that's the gist, but does SBK actually cover the dividend from earnings or are they dipping into reserves?
SBK's at R293.00 and folks are nervous about the credit outlook, but this is what you pay for when you own a bank. Interest rates matter more than the share price some days, and we've still got that structural play on Africa exposure that the big four banks don't really have.
A dividend is when the bank hands part of its profit to whoever owns the shares, like pocket money. Standard Bank does it twice a year, and you get paid per share you own, straight into your account on the payout date.
Banks are just taking in deposits and lending them out at a profit, which works fine until people stop paying back their loans. SBK's bad debt numbers have been creeping up, so that's the thing to watch.
@oom_frik_explains ja, sitting just under there. The payout's what matters though, not the price bouncing around day to day.
good morning everyone. when standard bank makes money from lending and banking fees, they hand some of that profit to people who own the shares, that's called a dividend. it's basically the company saying thanks for owning us, here's your slice of what we earned.
@nico_the_analyst but did loan impairments go up as well, that's what worries me.
Interesting numbers from the last set of results, net interest income up about 8% year on year. That's the money the bank makes from lending minus what it pays depositors, so when that's growing it means the core business is actually working despite all the doom.
@oom_frik_explains exactly right, that's the mechanics of it.
Close to 300 and the bank's been printing decent earnings, so there's some decent reasons people are holding. Main thing though is the dividend yield is still solid if rates don't tank.
A dividend is just the bank handing you a slice of its profit because you own a piece of it. Standard Bank makes money from interest on loans and fees on accounts, so when they've had a good year they share some of that with shareholders, usually twice a year.
Standard Bank basically lends money to people and businesses, takes deposits, and charges fees for moving cash around. At 299.86 it's still cheaper than it was two years ago even though interest rates have been good for them lately.