African Rainbow Minerals Dividend
African Rainbow Minerals Dividend history 25 years & forecast 2024 to 2028
Dividend analysis of the African Rainbow Minerals share
| Current dividend yield | 7.29 % |
| Dividendenrendite 5 Jahre | 6.1 % |
| Dividend yield 10 years | 5.18 % |
| Payout 3 years | 1.8 % |
When does African Rainbow Minerals pay a dividend?
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2023 |
ZAR1,400
ZAR1,400
|
Mar 29 2023
Mar 29 2023
Mar 29 23
|
-
-
|
|
| 2023 |
ZAR2,000
ZAR2,000
|
Sep 28 2022
Sep 28 2022
Sep 28 22
|
-
-
|
|
| 2022 |
ZAR1,200
ZAR1,200
|
Mar 30 2022
Mar 30 2022
Mar 30 22
|
-
-
|
|
| 2022 |
ZAR2,000
ZAR2,000
|
Sep 29 2021
Sep 29 2021
Sep 29 21
|
-
-
|
|
| 2021 |
ZAR1,000
ZAR1,000
|
Mar 24 2021
Mar 24 2021
Mar 24 21
|
-
-
|
|
| 2021 |
ZAR700
ZAR700
|
Sep 30 2020
Sep 30 2020
Sep 30 20
|
-
-
|
|
| 2020 |
ZAR500
ZAR500
|
Mar 18 2020
Mar 18 2020
Mar 18 20
|
-
-
|
|
| 2020 |
ZAR900
ZAR900
|
Sep 25 2019
Sep 25 2019
Sep 25 19
|
-
-
|
|
| 2019 |
ZAR400
ZAR400
|
Apr 03 2019
Apr 03 2019
Apr 03 19
|
-
-
|
|
| 2019 |
ZAR750
ZAR750
|
Sep 26 2018
Sep 26 2018
Sep 26 18
|
-
-
|
How much dividend does African Rainbow Minerals pay?
African Rainbow Minerals most recently paid a dividend of ZAR1,400.00. African Rainbow Minerals paid a dividend of ZAR3,400.00 per share in the financial year 2023. With a share price of ZAR227.00 at Jun 28 2024, the current dividend yield is 1,497.80% (calculation: ZAR3,400.00 / ZAR227.00 = 1,497.80%). No special dividend was paid.
What is the African Rainbow Minerals dividend yield and payout ratio?
The average African Rainbow Minerals dividend yield over the last 5 years is 1,349.18% and the average over the last 10 years is 1,176.75%.
The payout ratio of African Rainbow Minerals in relation to the last financial year is 8,252.43%. The payout ratio smoothed over 3 years is 4,903.41%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Key figure | African Rainbow Minerals |
|---|---|
| Current dividend yield | 1,497.80% |
| Dividend yield 5 yrs. | 1,349.18% |
| Dividend yield 10 yrs. | 1,176.75% |
| Payout 1 yr. | 8,252.43% |
| Payout 3 yrs. | 4,903.41% |
Is the African Rainbow Minerals dividend safe? Continuity & dividend growth
Is the African Rainbow Minerals dividend safe?
African Rainbow Minerals has been paying a dividend for 16 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased6-times.
The dividend growth in relation to the previous financial year amounts to 6.25%. The average African Rainbow Minerals dividend growth over the last 5 years is 30.45%. The average for the last 10 years is 21.75%.
| Key figure | African Rainbow Minerals |
|---|---|
| Increased | 6 Years |
| Continuity | 6 Years |
| Paid | 16 Years |
| Growth 1 yr. | 6.25% |
| Growth 5 yrs. | 30.45% |
| Growth 10 yrs. | 21.75% |
Continuity
African Rainbow Minerals has been paying a dividend for 16 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased6-times.
Dividend growth
The dividend growth in relation to the previous financial year amounts to 6.25%. The average African Rainbow Minerals dividend growth over the last 5 years is 30.45%. The average for the last 10 years is 21.75%.
African Rainbow Minerals Share forecast 2024
On the stock exchange, the African Rainbow Minerals share (ISIN: ZAE000054045) is not traded as a top scorer in June 2024 according to the dividend strategy.
The share price of African Rainbow Minerals 13.50% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the African Rainbow Minerals share price in real time at the top of the page.
The African Rainbow Minerals share (symbol: ARI) is valued at a price/earnings ratio (P/E ratio) of 9.07 and a price/sales ratio (P/S ratio) of 3.79 valued. Based on analyst estimates, the African Rainbow Minerals share forecast 2024 of the current financial year corresponds to a valuation of 13.70 according to P/E ratio and 3.30 according to P/S ratioe.
| Key figure | African Rainbow Minerals |
|---|---|
| Dividend score | ??/15 |
| Performance 2024 |
13.50%
|
| P/E ratio TTM | 9.07 |
| P/S ratio TTM | 3.79 |
| P/E ratio expected | 13.70 |
| P/S ratio expected | 3.30 |
The African Rainbow Minerals share (symbol: ARI) is valued at a price/earnings ratio (P/E ratio) of 9.07 and a price/sales ratio (P/S ratio) of 3.79 valued. Based on analyst estimates, the African Rainbow Minerals share forecast 2024 of the current financial year corresponds to a valuation of 13.70 according to P/E ratio and 3.30 according to P/S ratioe.
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