Merafe Resources Dividend
Dividend criteria checks 4/6
Merafe Resources is a dividend paying company with a current yield of 31.43% that is well covered by earnings.
Key information
31.4%
Dividend yield
60%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R0.70 |
| Dividend yield forecast in 3Y | 22.9% |
Recent dividend updates
Recent updates
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market
Mar 30
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings
Aug 17Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?
May 11What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Mar 03What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?
Feb 05
Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?
Dec 27Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares
Nov 30Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRF) | 31.4% |
| Market Bottom 25% (ZA) | 4.1% |
| Market Top 25% (ZA) | 9.4% |
| Industry Average (Metals and Mining) | 3.7% |
| Analyst forecast in 3 Years (MRF) | 22.9% |
Notable Dividend: MRF's dividend (31.43%) is higher than the bottom 25% of dividend payers in the ZA market (4.13%).
High Dividend: MRF's dividend (31.43%) is in the top 25% of dividend payers in the ZA market (9.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.9%), MRF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91%), MRF's dividend payments are not well covered by cash flows.