Antofagasta Dividend yield

Antofagasta is part of Mining business, which is part of Basic Materials industry. Antofagasta is a company from UK, and his stocks are publicly traded.

Antofagasta stock dividend

Antofagasta paid a total dividend of 493 million GBP last year, for a market value of 14,277 millions (Market Cap 5,007 millions). Antofagasta dividend per share is 0.50 GBP, and his stock market price 14.48 GBP.

According to the chart below, where dividend yield is displayed, Antofagasta has a dividend yield of 3.44%, which is similar to the amount offered by both the market average and companies from UK. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Antofagasta stocks dividend with other Mining companies or other of the high UK dividend stocks list.

Antofagasta Dividend Payout

About the ability of Antofagasta to maintain his current dividend of GBP 0.50 per share, an amount that accounts for 3.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Antofagasta payout on ernings is currently 39.68%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Antofagasta can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Antofagasta is GBP 1.61 per share, which is higher than the dividend per share paid by the company of GBP 0.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Antofagasta, compared againt world market average, UK companies, Basic Materials industry and Mining sector companies.

Antofagasta Dividend History

Below you will find a table with the historical evolution of Antofagasta's dividend stock, both in percentage and in GBP, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	GBP	Paypout	Shares*
Present	3.44%	0.50	39.68%	986
2022	6.41%	0.99	104.21%	986
2021	3.88%	0.52	130.00%	986
2020	0.72%	0.10	25.00%	986
2019	4.07%	0.37	97.37%	986
2018	4.39%	0.34	58.62%	986
2017	1.97%	0.20	166.67%	986
2016	0.34%	0.02	4.88%	986
2015	1.68%	0.09	31.03%	986

*In millions

Then you can see the evolution of Antofagasta dividend stock, and compare it with the average of UK stocks and that of the Mining stocks.

Antofagasta Stock performance

Finally, last moth Antofagasta showed a return of -13.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 31.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for UK and Mining firms.