Exxaro Resources Dividend yield




   ZAR/share 
 Price  221.53
 Dividend  33.21
 Earnings  36.32
 Cash-flow  52.75
 Book value  110.77
 Equity  110.73

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

Exxaro Resources paid a total dividend of 11,723 million ZAR last year, for a market value of 78,200 millions (Market Cap 54,456 millions). Dividend per share of Exxaro Resources is 33.21 ZAR, and his stock market price 221.53 ZAR.

According to the chart below, where dividend yield is displayed, Exxaro Resources has a dividend yield of 14.99%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Exxaro Resources dividend yield with other Mining companies or firms from South Africa.

Dividend yield of Exxaro Resources

Exxaro Resources Dividend Payout

About the ability of Exxaro Resources to maintain his current dividend of ZAR 33.21 per share, an amount that accounts for 14.99%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Exxaro Resources payout on ernings is currently 91.44%, which is higher than the market average, and companies of Basic Materials industry, which are 38.25% and 40.37% respectively. Both figures show that Exxaro Resources 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 Exxaro Resources is ZAR 52.75 per share, which is higher than the dividend per share paid by the company of ZAR 33.21, so the company generates enough cash to maintain his dividend in the future.

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

Exxaro Resources payout

Exxaro Resources Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present14.99%33.2191.44%353
202121.72%33.20158.55%353
20208.70%12.0844.35%359
20190.00%0.000.00%359
20186.75%9.31155.95%359
20174.37%7.1039.31%314
20161.81%1.750.00%358
20156.11%2.75-113.17%358

*In millions

Exxaro Resources Stock performance

Finally, last moth Exxaro Resources showed a return of 11.80% compared to a worldwide 1.12% average, and a 3.95% of Basic Materials firms. Over the last year, the company obtained a 31.50% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for South Africa and Mining firms.

Exxaro Resources stock and market return