Mineral Resources Dividend yield

 Price  37.45
 Dividend  1.00
 Earnings  5.35
 Cash-flow  3.15
 Book value  12.08
 Equity  9.62

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

Mineral Resources paid a total dividend of 189 million AUD last year, for a market value of 7,078 millions (Market Cap 5,201 millions). Dividend per share of Mineral Resources is 1.00 AUD, and his stock market price 37.45 AUD.

According to the chart below, where dividend yield is displayed, Mineral Resources has a dividend yield of 2.67%, which is similar to the amount offered by both the market average and companies from Australia. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

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

Dividend yield of Mineral Resources

Mineral Resources Dividend Payout

About the ability of Mineral Resources to maintain his current dividend of AUD 1.00 per share, an amount that accounts for 2.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mineral Resources payout on ernings is currently 18.69%, which is lower than the market average and companies of Basic Materials industry, which are 38.57% and 42.15% respectively. Both figures lead us to believe that there is confidence that Mineral 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 Mineral Resources is AUD 3.15 per share, which is higher than the dividend per share paid by the company of AUD 1.00, so the company generates enough cash to maintain his dividend in the future.

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

Mineral Resources payout

Mineral Resources Dividend History

No data available

Mineral Resources Stock performance

Finally, last moth Mineral Resources showed a return of 15.80% compared to a worldwide 3.99% average, and a 8.08% of Basic Materials firms. Over the last year, the company obtained a 127.00% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Australia and Mining firms.

Mineral Resources stock and market return