Gold Fields Dividend yield

Gold Fields is part of Mining business, which is part of Basic Materials industry. Gold Fields is a company from South Africa, and his stocks are publicly traded.

Gold Fields paid a total dividend of 4,990 million ZAR last year, for a market value of 156,950 millions (Market Cap 154,559 millions). Dividend per share of Gold Fields is 5.60 ZAR, and his stock market price 176.15 ZAR.

According to the chart below, where dividend yield is displayed, Gold Fields has a dividend yield of 3.18%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Gold Fields dividend yield with other Mining companies or firms from South Africa.

Gold Fields Dividend Payout

About the ability of Gold Fields to maintain his current dividend of ZAR 5.60 per share, an amount that accounts for 3.18%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Gold Fields payout on ernings is currently 42.59%, which is higher than the market average, but lower than companies of Basic Materials industry, which are 41.22% and 44.27% respectively. Both figures show that Gold Fields should not have problems to continue paying his 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 Gold Fields is ZAR 26.69 per share, which is higher than the dividend per share paid by the company of ZAR 5.60, so the company generates enough cash to maintain his dividend in the future.

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

Gold Fields Dividend History

Year	Yield	ZAR	Paypout	Shares*
Present	3.18%	5.60	42.59%	891
2021	3.04%	5.29	39.19%	888
2020	1.89%	2.60	98.48%	883
2019	0.83%	0.80	-14.44%	829
2018	1.42%	0.70	0.00%	822
2017	1.85%	1.00	34.72%	822
2016	1.59%	0.71	-18.78%	822
2015	0.65%	0.24	0.00%	771

*In millions

Gold Fields Stock performance

Finally, last moth Gold Fields showed a return of -6.50% compared to a worldwide -2.30% average, and a -2.88% of Basic Materials firms. Over the last year, the company obtained a 1.20% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for South Africa and Mining firms.