Merafe Resources Dividend
Dividend criteria checks 5/6
Merafe Resources is a dividend paying company with a current yield of 28.97% that is well covered by earnings.
Key information
29.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 15.9% |
| Dividend Growth | 24.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.420 |
| Payout ratio | 74% |
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) | 29.0% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.7% |
| Industry Average (Metals and Mining) | 4.1% |
| Analyst forecast (MRF) (up to 3 years) | 15.9% |
Notable Dividend: MRF's dividend (28.97%) is higher than the bottom 25% of dividend payers in the ZA market (3.17%).
High Dividend: MRF's dividend (28.97%) is in the top 25% of dividend payers in the ZA market (7.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.7%), MRF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.7%), MRF's dividend payments are covered by cash flows.