Merafe Resources Dividends and Buybacks
Dividend criteria checks 5/6
Merafe Resources is a dividend paying company with a current yield of 30.66% that is well covered by earnings.
Key information
30.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 16.8% |
| Dividend Growth | 24.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.420 |
| Payout ratio | 74% |
Recent dividend and buyback 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) | 30.7% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.8% |
| Industry Average (Metals and Mining) | 4.7% |
| Analyst forecast (MRF) (up to 3 years) | 16.8% |
Notable Dividend: MRF's dividend (30.66%) is higher than the bottom 25% of dividend payers in the ZA market (3.19%).
High Dividend: MRF's dividend (30.66%) is in the top 25% of dividend payers in the ZA market (7.83%)
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
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Learn about the world class team 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 .
Analyst Sources
Merafe Resources Limited is covered by 7 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.
| Analyst | Institution |
|---|---|
| Andrew Snowdowne | BofA Global Research |
| J. Clark | Deutsche Bank |
| Anshul Gadia | HSBC |