Gold Fields paid a total dividend of 584 million ZAR last year, for a market capitalization of 37,952 millions.
Dividend per share of Gold Fields is 0.71 ZAR, and his stock market price 46.17 ZAR.
According to the chart, where dividend yield is displayed, Gold Fields has a dividend yield of 1.54%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
About the ability of Gold Fields to maintain his current dividend of ZAR 0.71 per share, an amount that accounts for 1.54%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Gold Fields payout on ernings is currently -18.78%, which is lower than the market average and companies of Basic Materials industry, which are 40.24% and 42.47% respectively. Both figures lead us to believe that there is confidence that Gold Fieldscan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Gold Fields is ZAR 12.15 per share, which is higher than the dividend per share paid by the company of ZAR 0.71, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Gold Fields, compared againt world market average, South Africa companies, Basic Materials industry and Mining sector companies. You might also need to check full financial report of Gold Fields.
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