African Rainbow Minerals Limited

JSE:ARI Stock Report

Market Cap: R33.8b

African Rainbow Minerals Dividends and Buybacks

Dividend criteria checks 3/6

African Rainbow Minerals is a dividend paying company with a current yield of 6.09%. Next payment date is on 6th October, 2025 with an ex-dividend date of 1st October, 2025.

Key information

6.1%

Dividend yield

1.7%

Buyback Yield

Total Shareholder Yield7.7%
Future Dividend Yield7.8%
Dividend Growth13.6%
Next dividend pay date06 Oct 25
Ex dividend date01 Oct 25
Dividend per sharen/a
Payout ratio622%

Recent dividend and buyback updates

African Rainbow Minerals (JSE:ARI) Is Due To Pay A Dividend Of ZAR6.00

Sep 08
African Rainbow Minerals (JSE:ARI) Is Due To Pay A Dividend Of ZAR6.00

African Rainbow Minerals (JSE:ARI) Has Announced That Its Dividend Will Be Reduced To ZAR4.50

Mar 20
African Rainbow Minerals (JSE:ARI) Has Announced That Its Dividend Will Be Reduced To ZAR4.50

Recent updates

Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Sep 10
Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

African Rainbow Minerals (JSE:ARI) Is Due To Pay A Dividend Of ZAR6.00

Sep 08
African Rainbow Minerals (JSE:ARI) Is Due To Pay A Dividend Of ZAR6.00

African Rainbow Minerals Limited's (JSE:ARI) Business Is Yet to Catch Up With Its Share Price

Jul 24
African Rainbow Minerals Limited's (JSE:ARI) Business Is Yet to Catch Up With Its Share Price

Getting In Cheap On African Rainbow Minerals Limited (JSE:ARI) Is Unlikely

Apr 25
Getting In Cheap On African Rainbow Minerals Limited (JSE:ARI) Is Unlikely

African Rainbow Minerals (JSE:ARI) Has Announced That Its Dividend Will Be Reduced To ZAR4.50

Mar 20
African Rainbow Minerals (JSE:ARI) Has Announced That Its Dividend Will Be Reduced To ZAR4.50
User avatar

Cost Reductions And Production Trials May Boost Future Revenues

African Rainbow Minerals seeks to boost revenues by increasing ore production, optimizing mine operations, and enhancing manganese export logistics.

Earnings Tell The Story For African Rainbow Minerals Limited (JSE:ARI)

Jan 16
Earnings Tell The Story For African Rainbow Minerals Limited (JSE:ARI)

Is African Rainbow Minerals (JSE:ARI) Using Debt In A Risky Way?

Dec 10
Is African Rainbow Minerals (JSE:ARI) Using Debt In A Risky Way?

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Oct 08
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings

Sep 15
Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings

African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00

Sep 09
African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00

African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story

Aug 20
African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Jun 03
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

May 11
Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost

Apr 19
Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost

African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture

Mar 16
African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture

African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year

Mar 15
African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year

African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger

Feb 06
African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger

African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement

Dec 29
African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement

African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Sep 26
African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Sep 05
Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)

Jun 22
Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)

If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity

Apr 18
If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity

Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

Apr 04
Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital

Mar 09
African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well

Dec 25
These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well

Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist

Nov 08
Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist

Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Sep 15
Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Upcoming Dividend Payment

TodaySep 10 2025Ex Dividend DateOct 01 2025Dividend Pay DateOct 06 20255 days from Ex DividendBuy in the next 20 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ARI's dividend payments have been volatile in the past 10 years.

Growing Dividend: ARI's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

African Rainbow Minerals Dividend Yield vs Market
How does ARI dividend yield compare to the market?
SegmentDividend Yield
Company (ARI)6.1%
Market Bottom 25% (ZA)3.3%
Market Top 25% (ZA)8.4%
Industry Average (Metals and Mining)2.2%
Analyst forecast (ARI) (up to 3 years)7.8%

Notable Dividend: ARI's dividend (6.09%) is higher than the bottom 25% of dividend payers in the ZA market (3.34%).

High Dividend: ARI's dividend (6.09%) is low compared to the top 25% of dividend payers in the ZA market (8.35%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (622%), ARI's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (84.6%), ARI's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/10 23:12
End of Day Share Price 2025/09/10 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

African Rainbow Minerals Limited is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ayan GhoshAvior Capital Markets
Caroline LearmonthBarclays
Brian MorganBNP Paribas Securities (Asia)