Mineral Resources Dividend yield

 Price  52.71
 Dividend  2.75
 Earnings  6.76
 Cash-flow  6.94
 Book value  17.00
 Equity  14.51

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 520 million AUD last year, for a market value of 9,962 millions (Market Cap 7,331 millions). Dividend per share of Mineral Resources is 2.75 AUD, and his stock market price 52.71 AUD.

According to the chart below, where dividend yield is displayed, Mineral Resources has a dividend yield of 5.22%, 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 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 2.75 per share, an amount that accounts for 5.22%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mineral Resources payout on ernings is currently 40.68%, which is higher than the market average, and companies of Basic Materials industry, which are 38.25% and 40.37% respectively. Both figures show that Mineral Resources 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 Mineral Resources is AUD 6.94 per share, which is higher than the dividend per share paid by the company of AUD 2.75, 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

Year Yield  AUD  Paypout  Shares* 

*In millions

Mineral Resources Stock performance

Finally, last moth Mineral Resources showed a return of 16.50% compared to a worldwide 1.12% average, and a 3.95% of Basic Materials firms. Over the last year, the company obtained a 38.60% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Australia and Mining firms.

Mineral Resources stock and market return