African Rainbow Minerals Dividends and Buybacks
Dividend criteria checks 3/6
African Rainbow Minerals is a dividend paying company with a current yield of 9.36%.
Key information
9.4%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | 7.6% |
| Dividend Growth | 10.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.840 |
| Payout ratio | 93% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AFBO.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: AFBO.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| African Rainbow Minerals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AFBO.F) | 9.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Metals and Mining) | 2.0% |
| Analyst forecast (AFBO.F) (up to 3 years) | 7.6% |
Notable Dividend: AFBO.F's dividend (9.36%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: AFBO.F's dividend (9.36%) is in the top 25% of dividend payers in the US market (4.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.5%), AFBO.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (225.3%), AFBO.F's dividend payments are not well covered by cash flows.