Merafe Resources Dividend

Dividend criteria checks 4/6

Merafe Resources is a dividend paying company with a current yield of 32.12% that is well covered by earnings.

Key information

32.1%

Dividend yield

60%

Payout ratio

Industry average yield4.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareR0.70
Dividend yield forecast in 3Y23.4%

Recent dividend updates

Recent updates

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

Mar 30
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

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

Aug 17
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

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

May 11
Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?

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

Mar 03
What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

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

Feb 05
What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?

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

Dec 27
Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?

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

Nov 30
Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares

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)32.1%
Market Bottom 25% (ZA)3.7%
Market Top 25% (ZA)9.2%
Industry Average (Metals and Mining)4.5%
Analyst forecast in 3 Years (MRF)23.4%

Notable Dividend: MRF's dividend (32.12%) is higher than the bottom 25% of dividend payers in the ZA market (3.71%).

High Dividend: MRF's dividend (32.12%) is in the top 25% of dividend payers in the ZA market (9.15%)


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.


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