Iluka Resources Dividend yield




   AUD/share 
 Price  9.08
 Dividend  0.14
 Earnings  5.68
 Cash-flow  0.26
 Book value  3.03
 Equity  0.00

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 paid a total dividend of 59 million AUD last year, for a market value of 3,841 millions (Market Cap 3,806 millions). Dividend per share of Iluka Resources is 0.14 AUD, and his stock market price 9.08 AUD.

According to the chart below, where dividend yield is displayed, Iluka Resources has a dividend yield of 1.54%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Iluka Resources dividend yield with other Mining companies or firms from Australia.

Dividend yield of Iluka Resources

Iluka Resources Dividend Payout

About the ability of Iluka Resources to maintain his current dividend of AUD 0.14 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). Iluka Resources payout on ernings is currently 2.46%, which is lower than the market average and companies of Basic Materials industry, which are 39.27% and 51.13% 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 0.26 per share, which is higher than the dividend per share paid by the company of AUD 0.14, 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 payout

Iluka Resources Dividend History

Year Yield  AUD  Paypout  Shares* 
Present1.54%0.142.46%423
20202.00%0.13-19.70%423
20192.58%0.2433.33%423
20184.59%0.35-85.37%422
20170.88%0.09-16.67%419
20163.59%0.22169.23%419
20153.30%0.19-126.67%419

*In millions

Iluka Resources Stock performance

Finally, last moth Iluka Resources showed a return of -9.20% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 62.70% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Australia and Mining firms.

Iluka Resources stock and market return