Kumba Iron Ore Dividend
Dividend criteria checks 5/6
Kumba Iron Ore is a dividend paying company with a current yield of 11.62% that is well covered by earnings. Next payment date is on 19th August, 2024 with an ex-dividend date of 14th August, 2024.
Key information
11.6%
Dividend yield
68%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | 19 Aug 24 |
| Ex dividend date | 14 Aug 24 |
| Dividend per share | R46.800 |
| Earnings per share | R63.03 |
| Dividend yield forecast in 3Y | 8.8% |
Recent dividend updates
Recent updates
Kumba Iron Ore (JSE:KIO) Is Investing Its Capital With Increasing Efficiency
Jun 25
Kumba Iron Ore Limited's (JSE:KIO) Popularity With Investors Is Under Threat From Overpricing
Jun 04Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt
Apr 02Why We Like The Returns At Kumba Iron Ore (JSE:KIO)
Feb 19Risks To Shareholder Returns Are Elevated At These Prices For Kumba Iron Ore Limited (JSE:KIO)
Dec 28Here's Why Kumba Iron Ore (JSE:KIO) Can Manage Its Debt Responsibly
Dec 07Under The Bonnet, Kumba Iron Ore's (JSE:KIO) Returns Look Impressive
Nov 16We Think Kumba Iron Ore (JSE:KIO) Can Stay On Top Of Its Debt
Sep 08Kumba Iron Ore (JSE:KIO) Is Paying Out Less In Dividends Than Last Year
Jul 28Investors Should Be Encouraged By Kumba Iron Ore's (JSE:KIO) Returns On Capital
Jul 19Kumba Iron Ore (JSE:KIO) Seems To Use Debt Quite Sensibly
Apr 11Kumba Iron Ore (JSE:KIO) Is Very Good At Capital Allocation
Mar 24Calculating The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)
Jul 29Kumba Iron Ore Limited (JSE:KIO) Shares Could Be 22% Above Their Intrinsic Value Estimate
Apr 23An Intrinsic Calculation For Kumba Iron Ore Limited (JSE:KIO) Suggests It's 39% Undervalued
Jan 19If You Like EPS Growth Then Check Out Kumba Iron Ore (JSE:KIO) Before It's Too Late
Oct 30A Look At The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)
Oct 10New Forecasts: Here's What Analysts Think The Future Holds For Kumba Iron Ore Limited (JSE:KIO)
Jul 29Kumba Iron Ore Limited's (JSE:KIO) CEO Looks Like They Deserve Their Pay Packet
May 08Kumba Iron Ore Limited (JSE:KIO) Passed Our Checks, And It's About To Pay A R41.30 Dividend
Mar 06This Insider Has Just Sold Shares In Kumba Iron Ore Limited (JSE:KIO)
Mar 04Is Kumba Iron Ore Limited (JSE:KIO) An Attractive Dividend Stock?
Mar 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KIO's dividend payments have been volatile in the past 10 years.
Growing Dividend: KIO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kumba Iron Ore Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KIO) | 11.6% |
| Market Bottom 25% (ZA) | 3.5% |
| Market Top 25% (ZA) | 8.5% |
| Industry Average (Metals and Mining) | 4.1% |
| Analyst forecast in 3 Years (KIO) | 8.8% |
Notable Dividend: KIO's dividend (11.62%) is higher than the bottom 25% of dividend payers in the ZA market (3.45%).
High Dividend: KIO's dividend (11.62%) is in the top 25% of dividend payers in the ZA market (8.53%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.2%), KIO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.1%), KIO's dividend payments are covered by cash flows.