DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION

Merafe Resources Limited

JSE:MRF Stock Report

Market Cap: R3.4b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Merafe Resources Dividends and Buybacks

Dividend criteria checks 4/6

Merafe Resources is a dividend paying company with a current yield of 8.89%.

Key information

8.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield27.4%
Dividend Growth43.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio9,534%

Recent dividend and buyback updates

Analysis Article • Aug 15

Merafe Resources (JSE:MRF) Is Reducing Its Dividend To ZAR0.04

Merafe Resources Limited's ( JSE:MRF ) dividend is being reduced from last year's payment covering the same period to...

Recent updates

Analysis Article • Aug 15

Merafe Resources (JSE:MRF) Is Reducing Its Dividend To ZAR0.04

Merafe Resources Limited's ( JSE:MRF ) dividend is being reduced from last year's payment covering the same period to...
Analysis Article • May 07

Merafe Resources Limited's (JSE:MRF) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights Merafe Resources will host its Annual General Meeting on 13th of May Total pay for CEO Zanele Matlala...
Analysis Article • Mar 17

Some May Be Optimistic About Merafe Resources' (JSE:MRF) Earnings

The most recent earnings report from Merafe Resources Limited ( JSE:MRF ) was disappointing for shareholders. However...
Analysis Article • Mar 30

Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

Merafe Resources Limited ( JSE:MRF ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Aug 17

We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Unsurprisingly, Merafe Resources Limited's ( JSE:MRF ) stock price was strong on the back of its healthy earnings...
Analysis Article • May 11

Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?

The results at Merafe Resources Limited ( JSE:MRF ) have been quite disappointing recently and CEO Zanele Matlala bears...
Analysis Article • Mar 03

What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Merafe Resources Limited ( JSE:MRF ) shareholders will doubtless be very grateful to see the share price up 52% in the...
Analysis Article • Feb 05

What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?

A look at the shareholders of Merafe Resources Limited ( JSE:MRF ) can tell us which group is most powerful. Generally...
Analysis Article • Dec 27

Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?

Today we'll take a closer look at Merafe Resources Limited ( JSE:MRF ) from a dividend investor's perspective. Owning a...
Analysis Article • Nov 30

Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MRF's dividend payments have been volatile in the past 10 years.

Growing Dividend: MRF's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Merafe Resources Dividend Yield vs Market
How does MRF dividend yield compare to the market?
SegmentDividend Yield
Company (MRF)8.9%
Market Bottom 25% (ZA)3.7%
Market Top 25% (ZA)8.0%
Industry Average (Metals and Mining)5.2%
Analyst forecast (MRF) (up to 3 years)27.4%

Notable Dividend: MRF's dividend (8.89%) is higher than the bottom 25% of dividend payers in the ZA market (3.68%).

High Dividend: MRF's dividend (8.89%) is in the top 25% of dividend payers in the ZA market (7.79%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (9534.1%), MRF's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (25.4%), MRF's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/12 05:02
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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

Merafe Resources Limited is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew SnowdowneBofA Global Research
J. ClarkDeutsche Bank
Anshul GadiaHSBC

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide