Alumina Dividend yield




   AUD/share 
 Price  1.74
 Dividend  0.07
 Earnings  0.07
 Cash-flow  0.08
 Book value  0.79
 Equity  0.80

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

Alumina paid a total dividend of 202 million AUD last year, for a market value of 5,011 millions (Market Cap 4,353 millions). Dividend per share of Alumina is 0.07 AUD, and his stock market price 1.74 AUD.

According to the chart below, where dividend yield is displayed, Alumina has a dividend yield of 4.30%, 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 Alumina dividend yield with other Industrial Metals and Mining companies or firms from Australia.

Dividend yield of Alumina

Alumina Dividend Payout

About the ability of Alumina to maintain his current dividend of AUD 0.07 per share, an amount that accounts for 4.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Alumina payout on ernings is currently 100.00%, 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 Alumina 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 Alumina is AUD 0.08 per share, which is higher than the dividend per share paid by the company of AUD 0.07, so the company generates enough cash to maintain his dividend in the future.

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

Alumina payout

Alumina Dividend History

Year Yield  AUD  Paypout  Shares* 
Present4.30%0.07100.00%2,880
20204.52%0.0872.73%2,880
201911.44%0.2689.66%2,880
201811.05%0.25166.67%2,880
20173.84%0.090.00%2,880
20163.84%0.06150.00%2,880
20157.48%0.08-200.00%2,806

*In millions

Alumina Stock performance

Finally, last moth Alumina showed a return of 7.40% compared to a worldwide 4.24% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a 19.20% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Australia and Industrial Metals and Mining firms.

Alumina stock and market return