Newcrest Mining Dividend yield




   AUD/share 
 Price  22.64
 Dividend  0.76
 Earnings  1.94
 Cash-flow  3.77
 Book value  16.17
 Equity  15.90

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

Newcrest Mining paid a total dividend of 621 million AUD last year, for a market value of 18,497 millions (Market Cap 18,478 millions). Dividend per share of Newcrest Mining is 0.76 AUD, and his stock market price 22.64 AUD.

According to the chart below, where dividend yield is displayed, Newcrest Mining has a dividend yield of 3.36%, 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 Newcrest Mining dividend yield with other Mining companies or firms from Australia.

Dividend yield of Newcrest Mining

Newcrest Mining Dividend Payout

About the ability of Newcrest Mining to maintain his current dividend of AUD 0.76 per share, an amount that accounts for 3.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Newcrest Mining payout on ernings is currently 39.18%, 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 Newcrest Miningcan 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 Newcrest Mining is AUD 3.77 per share, which is higher than the dividend per share paid by the company of AUD 0.76, so the company generates enough cash to maintain his dividend in the future.

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

Newcrest Mining payout

Newcrest Mining Dividend History

Year Yield  AUD  Paypout  Shares* 
Present3.36%0.7639.18%817
20201.26%0.3226.02%817
20191.03%0.3128.97%769
20181.21%0.2670.27%768
20170.84%0.1933.33%767
20160.52%0.1015.63%763
20150.00%0.000.00%763

*In millions

Newcrest Mining Stock performance

Finally, last moth Newcrest Mining showed a return of -8.50% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a -27.50% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Australia and Mining firms.

Newcrest Mining stock and market return