Iluka Resources Dividend yield

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

Iluka Resources stock dividend

Iluka Resources paid a total dividend of 192 million AUD last year, for a market value of 3,634 millions (Market Cap 3,602 millions). Iluka Resources dividend per share is 0.45 AUD, and his stock market price 8.53 AUD.

According to the chart below, where dividend yield is displayed, Iluka Resources has a dividend yield of 5.28%, which is higher than the amount offered by both the market average and companies from Australia. 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 Iluka Resources stocks dividend with other Mining companies or other of the best Australia dividend stocks list.

Iluka Resources Dividend Payout

About the ability of Iluka Resources to maintain his current dividend of AUD 0.45 per share, an amount that accounts for 5.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Iluka Resources payout on ernings is currently 32.61%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Iluka Resourcescan maintain his current dividend.

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 Iluka Resources is AUD 1.25 per share, which is higher than the dividend per share paid by the company of AUD 0.45, so the company generates enough cash to maintain his dividend in the future.

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

Iluka Resources Dividend History

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

Year	Yield	AUD	Paypout	Shares*
Present	5.28%	0.45	32.61%	426
2022	3.88%	0.37	43.02%	424
2021	1.39%	0.14	2.50%	423
2020	2.00%	0.13	-19.70%	423
2019	2.58%	0.24	33.33%	423
2018	4.59%	0.35	-85.37%	422
2017	0.88%	0.09	-16.67%	419
2016	3.59%	0.22	169.23%	419
2015	3.30%	0.19	-126.67%	419

*In millions

Then you can see the evolution of Iluka Resources dividend stock, and compare it with the average of Australia stocks and that of the Mining stocks.

Iluka Resources Stock performance

Finally, last moth Iluka Resources showed a return of -16.50% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -19.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Mining firms.