Rand Mining Dividends and Buybacks
Dividend criteria checks 4/6
Rand Mining is a dividend paying company with a current yield of 6.33% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
6.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.1% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | AU$0.100 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Rand Mining (ASX:RND) Will Be Hoping To Turn Its Returns On Capital Around
Nov 19
Rand Mining Limited (ASX:RND) Held Back By Insufficient Growth Even After Shares Climb 28%
Oct 11A Look At The Intrinsic Value Of Rand Mining Limited (ASX:RND)
Jun 11Why We Think Rand Mining Limited's (ASX:RND) CEO Compensation Is Not Excessive At All
Nov 17Calculating 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) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Metals and Mining) | 5.7% |
| Analyst forecast (RND) (up to 3 years) | n/a |
Notable Dividend: RND's dividend (6.33%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: RND's dividend (6.33%) is in the top 25% of dividend payers in the Australian market (6%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.4%), RND's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.8%), RND's dividend payments are covered by cash flows.