Alumina Dividend yield

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 stock dividend

Alumina paid a total dividend of 319 million AUD last year, for a market value of 3,134 millions (Market Cap 2,723 millions). Alumina dividend per share is 0.11 AUD, and his stock market price 1.08 AUD.

According to the chart below, where dividend yield is displayed, Alumina has a dividend yield of 10.01%, 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 stocks dividend with other Industrial Metals and Mining companies or other of the high Australia dividend stocks list.

Alumina Dividend Payout

About the ability of Alumina to maintain his current dividend of AUD 0.11 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). Alumina payout on ernings is currently 220.00%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% 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 0.17 per share, which is higher than the dividend per share paid by the company of AUD 0.11, 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 Dividend History

Below you will find a table with the historical evolution of Alumina's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	10.01%	0.11	220.00%	2,902
2022	6.79%	0.10	111.11%	2,902
2021	4.65%	0.09	128.57%	2,902
2020	4.52%	0.08	72.73%	2,880
2019	11.44%	0.26	89.66%	2,880
2018	11.05%	0.25	166.67%	2,880
2017	3.84%	0.09	0.00%	2,880
2016	3.84%	0.06	150.00%	2,880
2015	7.48%	0.08	-200.00%	2,806

*In millions

Then you can see the evolution of Alumina dividend stock, and compare it with the average of Australia stocks and that of the Industrial Metals and Mining stocks.

Alumina Stock performance

Finally, last moth Alumina showed a return of -24.50% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -28.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Industrial Metals and Mining firms.