African Rainbow Mine Dividend yield




   ZAR/share 
 Price  189.61
 Dividend  0.00
 Earnings  55.77
 Cash-flow  44.10
 Book value  172.37
 Equity  159.80

African Rainbow Mine is part of Mining business, which is part of Basic Materials industry. African Rainbow Mine is a company from South Africa, and his stocks are publicly traded.

African Rainbow Mine paid a total dividend of 0 million ZAR last year, for a market value of 42,473 millions (Market Cap 20,190 millions). Dividend per share of African Rainbow Mine is 0.00 ZAR, and his stock market price 189.61 ZAR.

According to the chart below where dividend yield is displayed, African Rainbow Mine, has a dividend yield of 0%, amount in contrast with the positive dividend offered by both the market average and companies from South Africa, Basic Materials industry, and Mining sector. This lack of dividends of African Rainbow Mine might harm the evolution of share price if the company is not clearly expanding his business.

In addition, you should compare African Rainbow Mine dividend yield with other Mining companies or firms from South Africa.

Dividend yield of African Rainbow Mine

African Rainbow Mine Dividend Payout

About the ability of African Rainbow Mine to maintain his current dividend of ZAR 0.00 per share, an amount that accounts for 0.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). African Rainbow Mine payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.

The following figure shows payout ratios over earnings and cashflow of African Rainbow Mine, compared againt world market average, South Africa companies, Basic Materials industry and Mining sector companies.

African Rainbow Mine payout

African Rainbow Mine Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present0.00%0.000.00%224
20204.58%12.0067.34%223
20197.94%12.9980.93%222
20187.02%9.9946.31%220
20174.84%6.50102.69%219
20162.09%2.24-88.19%218
20158.09%3.5066.29%216

*In millions

African Rainbow Mine Stock performance

Finally, last moth African Rainbow Mine showed a return of -26.80% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a -2.00% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for South Africa and Mining firms.

African Rainbow Mine stock and market return