Alphamin Resources Dividend
Dividend criteria checks 1/6
Alphamin Resources is a dividend paying company with a current yield of 4.98%. Next payment date is on 24th May, 2024 with an ex-dividend date of 15th May, 2024.
Key information
4.9%
Dividend yield
112%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 24 May 24 |
| Ex dividend date | 15 May 24 |
| Dividend per share | n/a |
| Earnings per share | R0.04 |
| Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, APH has been paying a dividend for less than 10 years.
Growing Dividend: APH's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Alphamin Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (APH) | 4.9% |
| Market Bottom 25% (ZA) | 4.1% |
| Market Top 25% (ZA) | 9.1% |
| Industry Average (Metals and Mining) | 3.9% |
| Analyst forecast in 3 Years (APH) | 4.9% |
Notable Dividend: APH's dividend (4.98%) is higher than the bottom 25% of dividend payers in the ZA market (4.05%).
High Dividend: APH's dividend (4.98%) is low compared to the top 25% of dividend payers in the ZA market (9.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (112.4%), APH's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: APH is paying a dividend but the company has no free cash flows.