Kumba Iron Ore Dividend yield




   ZAR/share 
 Price  608.50
 Dividend  60.91
 Earnings  70.76
 Cash-flow  95.08
 Book value  148.41
 Equity  130.07

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 paid a total dividend of 19,613 million ZAR last year, for a market value of 195,937 millions (Market Cap 32,909 millions). Dividend per share of Kumba Iron Ore is 60.91 ZAR, and his stock market price 608.50 ZAR.

According to the chart below, where dividend yield is displayed, Kumba Iron Ore has a dividend yield of 10.01%, 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 dividend yield with other Industrial Metals and Mining companies or firms from South Africa.

Dividend yield of Kumba Iron Ore

Kumba Iron Ore Dividend Payout

About the ability of Kumba Iron Ore to maintain his current dividend of ZAR 60.91 per share, an amount that accounts for 10.01%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kumba Iron Ore payout on ernings is currently 86.08%, which is higher than the market average, and companies of Basic Materials industry, which are 38.17% and 48.78% 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 95.08 per share, which is higher than the dividend per share paid by the company of ZAR 60.91, 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 payout

Kumba Iron Ore Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present10.01%60.9186.08%322
20205.71%35.5670.24%322
20190.00%0.000.00%322
201810.43%29.5277.18%322
20174.21%15.9659.78%322
20160.00%0.000.00%320
201517.18%7.7322.33%320

*In millions

Kumba Iron Ore Stock performance

Finally, last moth Kumba Iron Ore showed a return of -6.20% compared to a worldwide 4.24% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a 117.30% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for South Africa and Industrial Metals and Mining firms.

Kumba Iron Ore stock and market return