Rand Mining Dividend
Dividend criteria checks 3/6
Rand Mining is a dividend paying company with a current yield of 6.29% that is well covered by earnings.
Key information
6.3%
Dividend yield
75%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.13 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Why We Think Rand Mining Limited's (ASX:RND) CEO Compensation Is Not Excessive At All
Nov 17
Calculating The Intrinsic Value Of Rand Mining Limited (ASX:RND)
Nov 01Calculating The Fair Value Of Rand Mining Limited (ASX:RND)
May 11Rand Mining (ASX:RND) Will Pay A Dividend Of A$0.10
Oct 27Estimating The Intrinsic Value Of Rand Mining Limited (ASX:RND)
Jun 07Rand Mining (ASX:RND) Will Be Hoping To Turn Its Returns On Capital Around
Mar 22Estimating The Intrinsic Value Of Rand Mining Limited (ASX:RND)
Mar 01How Much Have Rand Mining (ASX:RND) Shareholders Earned On Their Investment Over The Last Three Years?
Feb 02
Investors In Rand Mining Limited (ASX:RND) Should Consider This, First
Dec 29What We Learned About Rand Mining's (ASX:RND) CEO Pay
Nov 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RND has been paying a dividend for less than 10 years.
Growing Dividend: RND has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
| Rand Mining Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RND) | 6.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Metals and Mining) | 4.9% |
| Analyst forecast in 3 Years (RND) | n/a |
Notable Dividend: RND's dividend (6.29%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: RND's dividend (6.29%) is in the top 25% of dividend payers in the Australian market (6.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.7%), RND's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.5%), RND's dividend payments are not well covered by cash flows.