Airtel Africa Dividends - AAF

Airtel Africa Dividends - AAF

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Stock Name Stock Symbol Market Stock Type
Airtel Africa Plc AAF London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
-0.30 -0.22% 136.60 16:35:13
Open Price Low Price High Price Close Price Previous Close
139.40 135.60 139.40 136.60 136.90
more quote information »
Industry Sector
MOBILE TELECOMMUNICATIONS

Airtel Africa AAF Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
13/05/2022FinalUSX331/03/202131/03/202223/06/202224/06/202222/07/20225
01/11/2021InterimUSX231/03/202131/03/202211/11/202112/11/202110/12/20210
12/05/2021FinalUSX2.531/03/202031/03/202124/06/202125/06/202123/07/20214
28/10/2020InterimUSX1.531/03/202031/03/202112/11/202013/11/202011/12/20200
13/05/2020FinalUSX331/03/201931/03/202002/07/202003/07/202024/07/20206
25/10/2019InterimUSX331/03/201931/03/202014/11/201915/11/201929/11/20190

Top Dividend Posts

Top Posts
Posted at 24/8/2022 07:58 by 2vdm
Just a wild guess, but I suspect that all the above companies mentioned have both deep enough pockets and slush funds to weather the storm. They are also well versed in dealing with the geo-political problems in Africa. Only my view. I agree that debt is not an issue for AAF and that eventually it will continue to rise.
Posted at 12/8/2022 08:18 by 2vdm
Always difficult as AAF are expanding to capture markets for the future. However I agree it is the risk here. A fine balancing act. However this is no tiddler which can afford high level CFO, economists etc and I'm sure the BOD will be just as aware of the risks as we are.
Posted at 01/8/2022 14:23 by 2vdm
Good to see John Danilovich, a non-excutive director of AAF buying £97K's worth of shares at just over 159p today.
Posted at 27/7/2022 05:57 by albert arthur
Some #AAF information/catalysts in images and information... Not investment advice.. looks like #AAF YOY Q1 results could be good with recent partnership with UNICIF, full PSB licence... and also with a comparison to last year whilst we had covid restrictions... results tomorrow.https://twitter.com/albert__arthur/status/1552155934683807745?s=21&t=L2aTKMnRL50VVBdbNe36rw
Posted at 23/7/2022 14:40 by joseph moran
I have not got the dividend for these as yet:- AAF Airtel Africa FTSE 100 $0.03 (2.4489p) Final 13-May-22View 13-May-22 AAF Dividend Announcement 23-Jun-22 22-Jul-22
Posted at 21/7/2022 07:43 by 2vdm
Same for me and one of my best performing shares with a decent dividend too.
Posted at 15/5/2022 14:10 by la forge
Dividend Confirmation London and Lagos, 12 M a y 2022: Airtel Africa, a leading pan-African provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces that the Board has confirmed a final dividend of 3 cents per ordinary share which will be paid on or around 22 July 2022. The Interim dividend will be paid in US dollars, although Airtel Africa plc offer their shareholders the opportunity to elect to receive their dividend payments in GB pounds or Nigerian naira via currency elections. The dividend timetable dates are below: Ex-dividend 23 June 2022 date: Record date: 24 June 2022 Payment date: On or around 22 July 2022
Posted at 15/5/2022 14:09 by la forge
MIDAS SHARE TIPS UPDATE: Phone tip's hotline to growth as Airtel's share price shoots up By Joanne Hart, Financial Mail on Sunday Published: 21:53 BST, 14 May 2022 | Updated: 09:55 BST, 15 May 2022 It is hard to believe that smartphones were invented less than 20 years ago. Back then, mobile phones were a luxury, even an oddity. Today, few people in this country can imagine life without one. In Africa, however, the situation is very different. Little more than half the continent's 1.4billion population have a mobile phone. Most of those – some 500million people – have rudimentary models that can just about make and receive calls or send text messages. For Airtel Africa, this is a huge opportunity. The company operates in 14 countries across Africa, from Nigeria to Madagascar. The second largest telecoms business in Africa, it is also the leading provider of mobile money services, which allow customers to use their phone like a mini bank. Networking: Airtel operates in 14 countries across Africa, from Nigeria to Madagascar But the group still has fewer than 130million customers so the opportunity for growth is clear. And Airtel is better positioned than most to add new customers to its roster and help existing ones to move to smartphones. The group has been investing heavily so it can offer the 4G connectivity which allows smartphones to access the internet swiftly and easily. Airtel also has thousands of tiny kiosks in rural areas, so that people can buy phones and related services without having to travel for miles. Results for the year to March 31, released last week, showed that turnover rose 21 per cent to $4.7billion (£3.8billion), while profits rose 37 per cent to $1.5billion and the dividend climbed 25 per cent to 5 cents a share (equivalent to just over 4p for UK shareholders). Further strong growth is expected. Africa has been hit hard, as the cost of food and fuel has soared. Against that, many people are now back at work following the pandemic so they are earning more than they have done in recent years. Africa also has the youngest population in the world, most of whom are desperate to have a device which allows them to listen to music, watch TikTok and use SnapChat, just like children do here. More importantly, phones offer African consumers a route to greater prosperity and better education, even if they live in remote villages or have never been able to obtain a bank account. Midas verdict: Midas recommended Airtel in August 2020, when the shares were 57p. Today they are £1.38 and brokers believe they should rise to at least £1.60. Any company operating in Africa carries an element of risk so cautious shareholders should take profits now. The more adventurous should hang on to their stock. Airtel is ambitious, growing fast and it is empowering millions of Africans along the way. Traded on: Main market Ticker: AAF Contact: airtel.africa or 020 7493 9315
Posted at 05/8/2021 17:21 by tole
https://www.fool.co.uk/investing/2021/08/05/should-i-buy-vodafone-shares-or-this-ftse-250-stock/When it comes to income stocks, Vodafone (LSE: VOD) shares are one of the most attractive investments in FTSE 100. However, the company has a rival in the FTSE 250. I think this particular stock may be a better investment for income and growth in the long run. A challenger to Vodafone sharesThat company is Airtel Africa (LSE: AAF). Like Vodafone, this is a telecommunications enterprise. But its core markets are in Africa, not Europe, as is the case with its FTSE 100 peer. I think this presents an exciting opportunity. Unlike Europe, the African telecoms market is still relatively underdeveloped, but it's expanding rapidly. Africa's young, growing population is becoming increasingly tech-enabled, driving demand for data and other telecom services. In some cases, Africa has almost skipped a technological generation. Consumers, who have never used a bank before have opened their first accounts through online financial institutions. By comparison, in many Western markets, consumers still rely on traditional high street banks. Airtel is also a leader of mobile money services across Africa. Its mobile money business is worth around $2.7bn and recently received investment from Qatar's sovereign wealth fund. Comparing the first quarter results for Airtel and Vodafone shows just how big the opportunity is for the former. For the quarter ended 30 June, Airtel's revenue increased 33%, while underlying earnings before interest, tax, depreciation and amortisation jumped 46%. Data revenues rose 37% and mobile money revenues increased 54%. Vodafone's revenues grew 5.6% in the first quarter. These figures suggest to me that, compared to Vodafone shares, Airtel is the better growth investment.FTSE 250 opportunityWhen it comes to income, Vodafone is an undisputed FTSE 100 champion with a dividend yield of around 6%, at the time of writing. However, Airtel isn't far behind. The stock currently offers a dividend yield of 3.3%. This seems small at first, but the payout is covered 2.2 times by earnings per share. As such, the company has more room to increase its payout in the years ahead.By comparison, Vodafone's payout cover is around one, which gives the company very little flexibility. For example, if earnings were to fall around 20%, management may have to cut the payout. Considering all of the above, I'd buy Airtel over Vodafone shares today. I think the company has a better growth profile, and while its dividend yield may be less than half of that of Vodafone, with a payout cover of 2.2 times, there is more room for growth. That said, I'm not going to take the company's growth for granted. Vodafone is struggling in Europe because the telecommunications market here is incredibly competitive. It also requires hefty investments, some of which may never earn a return.Airtel has been able to navigate these challenges, so far, but there's no guarantee it will continue to do so. As money floods into Africa, the market is only going to become more competitive. Still, I'd buy the stock today as an alternative to Vodafone, considering its potential and current dividend yield.
Posted at 08/10/2020 08:55 by robsy2
Good point. They have gone straight to mobiles out there. I have invested for myself and some family members . I pass on my notes that I always write up before I make an investment in the hope that you might find them of interest. I find writing it all down before I buy helps me clarify my thoughts. It also reminds me later why I bought it and what I was looking for, useful if it doesn't pan out as planned. I think we should do OK here. BULL POINTS • They operate in Africa which is a bull point (and a bear point). The bull side is that Africa is on the move economically and is the final frontier for investors. Opportunity beckons. • In Africa, mobile phone usage is increasing rapidly and there are plenty more customers to be won. • As the last developing continent, Africa has no fixed phone line infrastructure. Africans have moved quickly from next to nothing to the brick phone to the smart phone. As such, they have leapfrogged the typical development route . This is interesting because they have become especially heavy users of mobiles for all aspects of life, including banking, payments etc because the physical banking infrastructure is often unavailable . They are at the forefront of phone usage and AAF is developing more and more alliances to drive mobile phone usage including a link up with Standard Bank ( Africa’s largest bank) to offer financial services etc. • AAF has pretensions to be a Pan- African multinational. Of course they have steep competition with Vodafone and others but with the backing of Bharti, and their experience of growing a business in a developing countries like India , they should do well. • They are a low-cost, no-frills operator. This is a good positioning for cash-strapped customers in Africa. They operate a system of pre-payment offered through an army of vendors dotted around the African towns and cities. The client pre-paying for phone usage greatly reduces bad debts and unpaid bills and explains the strong cash flows that AAF enjoys. • The financial metrics look pretty good and are improving rapidly as the business gains traction. Like all Telco’s, they have a lot of debt but much less than many of their peer group. The counterbalance is that cash generation is phenomenal and debt is being paid down rapidly. Unlike other Telco’s, AAF is focussed on mobile phones only and is addressing markets in Africa where mobile phone penetration is still relatively low.. • This is a company that has made great strides forward in recent years and has hit profits in 2019 and 2020. Coved has slowed growth but they are delivering but with the stock trading at 25% below the flotation price of 80p, I see value here. The 9 analysts who cover this stock rate it as “OUTPERFORM221; and have target price of 79p, not wildly above the current price admittedly, but analysts expect the company to pay a dividend for the year to 31.03.21 of 6.7 cents . This puts it on a cash covered dividend yield of nearly 8%. • It is a fairly straightforward business with built in growth drivers as mobile usage increases around the continent. The smart phone is the key device at the centre of all of our lives now, from Alicante to Zanzibar. AAF has the network and a low cost offering that is attractive to cash-conscious African consumers. • It is a bit under the radar. This could change. The Midas article above will help that. If investors do warm to the story and they keep delivering , we should see a re-rating at some point. • It does something a bit different for us. It is having a reasonable COVID, has a lot of growth potential and offers our portfolio some diversity. • The website, reporting , investor communication etc all has a good feel to it. hxxps://airtel.africa/ is worth a look. BEAR POINTS • It is a relatively unproven company. It also has one large shareholder, so we are at the beck and call of the Bharti family. If they ever decided to bail out then we will all be in trouble! • It is an African centred business. UK quoted African companies, that are not mining companies, are practically unheard of. As such, it is fair to say that investors have not got excited about AAF yet. I am hoping and expecting that sentiment could change for the better as they prove themselves. • Africa is a little different, so we get all the normal risks and a lot of extra ones as well. On the plus side, AAF has institutional backing, it is quoted in London, has an air of efficiency about it , is compliant with first world governance standards and looks and feels fine, but make no mistake, while Africa is maturing it is still a little wild! • On the plus side, they operate across a lot of countries and everyone wants to keep the phones running. AAF is big enough to compete, the business model is pretty straightforward, consumers need what they do and they seem to know how to do what is needed. • On the downside, the mandatory risk section of their first set of annual accounts takes up 15 of the 212 pages! I am sure there will be bumps on the road, but hopefully nothing too catastrophic. The accounts are clear, balanced and absolutely first world so I am optimistic. • One such known risk is currency. They operate in 14 countries, so they earn in a variety of currencies, report in USD but the shares are quoted in GBP… This adds a series of complications in terms of FX rates and could affect reported earnings for better or worse. Conclusion I like the look of this company and think it can do a job for us. It could give us that combination of income and growth that we are looking for. It also offers our portfolio something a little different and gives us diversification business-wise and geographically. It would be nice to be part of the growth story in Africa. In conclusion, AAF looks like a good opportunity to invest in a growth stock that pays dividends, has a decent track record to date, an undemanding rating and real potential.
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