Kumba Iron Ore Dividend yield

Kumba Iron Ore is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Kumba Iron Ore is a company from South Africa, and his stocks are publicly traded.

Kumba Iron Ore stock dividend

Kumba Iron Ore paid a total dividend of 12,519 million ZAR last year, for a market value of 133,752 millions (Market Cap 22,503 millions). Kumba Iron Ore dividend per share is 38.88 ZAR, and his stock market price 415.38 ZAR.

According to the chart below, where dividend yield is displayed, Kumba Iron Ore has a dividend yield of 9.36%, 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 Kumba Iron Ore stocks dividend with other Industrial Metals and Mining companies or other of the highest South Africa dividend stocks list.

Kumba Iron Ore Dividend Payout

About the ability of Kumba Iron Ore to maintain his current dividend of ZAR 38.88 per share, an amount that accounts for 9.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kumba Iron Ore payout on ernings is currently 83.31%, 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 Kumba Iron Ore 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 Kumba Iron Ore is ZAR 86.54 per share, which is higher than the dividend per share paid by the company of ZAR 38.88, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kumba Iron Ore, compared againt world market average, South Africa companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Kumba Iron Ore Dividend History

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

Year	Yield	ZAR	Paypout	Shares*
Present	9.36%	38.88	83.31%	322
2022	12.03%	59.22	57.74%	322
2021	24.78%	114.01	161.08%	322
2020	5.71%	35.56	70.24%	322
2019	0.00%	0.00	0.00%	322
2018	10.43%	29.52	77.18%	322
2017	4.21%	15.96	59.78%	322
2016	0.00%	0.00	0.00%	320
2015	17.18%	7.73	22.33%	320

*In millions

Then you can see the evolution of Kumba Iron Ore dividend stock, and compare it with the average of South Africa stocks and that of the Industrial Metals and Mining stocks.

Kumba Iron Ore Stock performance

Finally, last moth Kumba Iron Ore showed a return of -15.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 9.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Industrial Metals and Mining firms.