Thungela Resources Limited

JSE:TGA Stock Report

Market Cap: R19.4b

Thungela Resources Dividends and Buybacks

Dividend criteria checks 0/6

Thungela Resources is a dividend paying company with a current yield of 2.61%. Next payment date is on 20th April, 2026 with an ex-dividend date of 15th April, 2026.

Key information

2.6%

Dividend yield

4.0%

Buyback Yield

Total Shareholder Yield6.6%
Future Dividend Yield1.8%
Dividend Growth-49.8%
Next dividend pay date20 Apr 26
Ex dividend date15 Apr 26
Dividend per sharen/a
Payout ratio-7%

Recent dividend and buyback updates

Recent updates

Thungela Resources' (JSE:TGA) Returns Have Hit A Wall

Dec 29
Thungela Resources' (JSE:TGA) Returns Have Hit A Wall

There's No Escaping Thungela Resources Limited's (JSE:TGA) Muted Earnings

Dec 02
There's No Escaping Thungela Resources Limited's (JSE:TGA) Muted Earnings

Thungela Resources (JSE:TGA) Hasn't Managed To Accelerate Its Returns

Aug 20
Thungela Resources (JSE:TGA) Hasn't Managed To Accelerate Its Returns
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Ensham Production Upgrades Will Increase Output, But Future Margins May Face Pressure From Rising Costs

Production upgrades and life extension projects are set to boost revenue and enhance long-term competitiveness through increased availability and stable future earnings.

Upcoming Dividend Payment

TodayApr 11 2026Ex Dividend DateApr 15 2026Dividend Pay DateApr 20 20265 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TGA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TGA has only been paying a dividend for 4 years, and since then payments have fallen.


Dividend Yield vs Market

Thungela Resources Dividend Yield vs Market
How does TGA dividend yield compare to the market?
SegmentDividend Yield
Company (TGA)2.6%
Market Bottom 25% (ZA)2.9%
Market Top 25% (ZA)7.8%
Industry Average (Oil and Gas)4.6%
Analyst forecast (TGA) (up to 3 years)1.8%

Notable Dividend: TGA's dividend (2.61%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (2.86%).

High Dividend: TGA's dividend (2.61%) is low compared to the top 25% of dividend payers in the ZA market (7.77%).


Earnings Payout to Shareholders

Earnings Coverage: TGA is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: TGA is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/11 20:23
End of Day Share Price 2026/04/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

Thungela Resources Limited is covered by 6 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
Herbert KharivheAbsa Bank Limited
Ephrem RaviCitigroup Inc
Brian MorganMorgan Stanley