Exxaro Resources Dividend
Dividend criteria checks 5/6
Exxaro Resources is a dividend paying company with a current yield of 11.69% that is well covered by earnings. Next payment date is on 13th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
11.7%
Dividend yield
46%
Payout ratio
| Industry average yield | 9.8% |
| Next dividend pay date | 13 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | R46.75 |
| Dividend yield forecast in 3Y | 11.4% |
Recent dividend updates
Recent updates
Investors Aren't Buying Exxaro Resources Limited's (JSE:EXX) Earnings
Apr 10
We Think Exxaro Resources (JSE:EXX) Can Stay On Top Of Its Debt
Mar 15Exxaro Resources (JSE:EXX) Is Looking To Continue Growing Its Returns On Capital
Jan 17Exxaro Resources Limited's (JSE:EXX) Earnings Are Not Doing Enough For Some Investors
Dec 24Exxaro Resources (JSE:EXX) Is Looking To Continue Growing Its Returns On Capital
Oct 10Exxaro Resources (JSE:EXX) Has A Pretty Healthy Balance Sheet
Sep 14Exxaro Resources (JSE:EXX) Is Very Good At Capital Allocation
Jun 17Exxaro Resources (JSE:EXX) Seems To Use Debt Rather Sparingly
May 30The Market Doesn't Like What It Sees From Exxaro Resources Limited's (JSE:EXX) Earnings Yet
Apr 03Exxaro Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 19Investors Should Be Encouraged By Exxaro Resources' (JSE:EXX) Returns On Capital
Mar 18Here's Why We Think Exxaro Resources (JSE:EXX) Is Well Worth Watching
Feb 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EXX's dividend payments have been volatile in the past 10 years.
Growing Dividend: EXX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Exxaro Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EXX) | 11.7% |
| Market Bottom 25% (ZA) | 4.1% |
| Market Top 25% (ZA) | 9.6% |
| Industry Average (Oil and Gas) | 9.8% |
| Analyst forecast in 3 Years (EXX) | 11.4% |
Notable Dividend: EXX's dividend (11.69%) is higher than the bottom 25% of dividend payers in the ZA market (4.1%).
High Dividend: EXX's dividend (11.69%) is in the top 25% of dividend payers in the ZA market (9.58%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.1%), EXX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.7%), EXX's dividend payments are covered by cash flows.