Merafe Resources Stock

Merafe Resources Dividend 2024

Merafe Resources Dividend

0.33 ZAR

Merafe Resources Dividend yield

0.23 %

Ticker

MRF.JO

ISIN

ZAE000060000

WKN

A0DNNZ

How much dividend does Merafe Resources 2024 pay?

According to the latest status from November 2024, Merafe Resources paid a total of 0.33 ZAR per share in dividends within the last 12 months. With the current Merafe Resources price of 144.81 ZAR, this corresponds to a dividend yield of 0.23 %. A dividend is paid times per year.

0.23 % Dividend Yield=
0.33 ZAR Dividend
144.81 ZAR Stock Price

Historical Merafe Resources Dividends

A dividend is paid times per year. Last year, the payout months were May and October.

PaydateDividend
10/4/20240.2
5/10/20240.22
10/6/20230.2
5/12/20230.13
10/14/20220.12
5/6/20220.22
10/1/20210.07
4/25/20200.04
4/27/20190.06
9/29/20180.08
4/20/20180.09
10/20/20170.03
4/29/20170.04
9/24/20160.01
4/24/20160.01
9/24/20150.01
4/23/20150.01
10/1/20140.01
4/18/20110.02
4/19/20100.02
1

Merafe Resources dividend history and estimates

In 2023, Merafe Resources paid a dividend amounting to 0.33 ZAR. Dividend means that Merafe Resources distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Merafe Resources provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Merafe Resources’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Merafe Resources's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Merafe Resources Dividend History

DateMerafe Resources Dividend
2026e0.39 ZAR
2025e0.39 ZAR
2024e0.4 ZAR
20230.33 ZAR
20220.34 ZAR
20210.07 ZAR
20200.04 ZAR
20190.06 ZAR
20180.17 ZAR
20170.07 ZAR
20160.02 ZAR
20150.02 ZAR
20140.01 ZAR
20110.02 ZAR
20100.02 ZAR

Is the Merafe Resources Dividend Safe?

Merafe Resources has been increasing the dividend for 3 years.

Over the past 10 years, Merafe Resources has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 14.232%.

Analysts expect a Dividend Increase of 9.576% for the current fiscal year.

Merafe Resources dividend payout ratio

In 2023, Merafe Resources had a payout ratio of 44.36%. The payout ratio indicates the percentage of the company's profits that Merafe Resources distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Merafe Resources represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Merafe Resources could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Merafe Resources's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Merafe Resources Payout Ratio History

DateMerafe Resources Payout ratio
2026e43.46 %
2025e47.66 %
2024e38.37 %
202344.36 %
202260.26 %
202110.48 %
2020-10.01 %
2019-11.06 %
201862.33 %
201719.23 %
20169.38 %
201513.15 %
201413.16 %
201344.36 %
201244.36 %
201140 %
201018.18 %
200944.36 %
200844.36 %
200744.36 %
200644.36 %
200544.36 %
200444.36 %

Dividend Details

Understanding Merafe Resources's Dividend Distributions

Merafe Resources’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Merafe Resources's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Merafe Resources's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Merafe Resources’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Merafe Resources Aktienanalyse

What does Merafe Resources do?

Merafe Resources Ltd is a South African company that was founded in 2005 and is headquartered in Sandton. It is a leading producer of ferrochrome in South Africa and one of the world's largest producers of chromite minerals used in the production of stainless steel and other alloys. The company is listed on the Johannesburg Stock Exchange and the London Stock Exchange, with a market capitalization of approximately ZAR 2.2 billion (about USD 160 million). Merafe Resources also has a partnership with Glencore Xstrata, one of the world's largest mining companies. Merafe Resources operates several divisions focusing on the exploration, development, and production of chromite and ferrochrome minerals. These divisions operate mines near Rustenburg in the North West Province, South Africa. The company's main activity is the production of ferrochrome made from chromite minerals. Ferrochrome is an alloying agent used in various applications such as construction, automotive industry, and electrical appliances. Merafe Resources also has a division for chromite minerals that mines and sells chrome ore. Chromite minerals are used in the production of stainless steel and other alloys. The company's chromite minerals division operates four mines all located near Rustenburg. Another division of Merafe Resources is the Baobab division, which operates a coal and chromite mine in Mozambique. This project is still in the development phase and is expected to play a significant role in the production of chromite minerals and coal in the coming years. Merafe Resources' business model is based on collaboration with Glencore Xstrata, a company active in mining and the commodity industry. Merafe Resources holds a 20.5% stake in Samancor Chrome Limited, a joint venture with Glencore Xstrata involved in the production of ferrochrome. Merafe Resources also focuses on improving efficiency and product quality to increase margins in the company. The company has a comprehensive quality assurance system to ensure that products meet customer requirements. Additionally, the company invests in new technologies and processes to enhance efficiency and productivity while minimizing environmental impact. Overall, Merafe Resources is a leading producer of ferrochrome and chromite minerals in South Africa and globally. Thanks to its collaboration with Glencore Xstrata and investments in new technologies and processes, the company is well-positioned to remain competitive and benefit from global demand and supply conditions. Merafe Resources is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Merafe Resources stock

How much dividend does Merafe Resources pay?

Over the past 12 months, Merafe Resources paid a dividend of 0.33 ZAR . This corresponds to a dividend yield of about 0.23 %. For the coming 12 months, Merafe Resources is expected to pay a dividend of 0.39 ZAR.

What is the dividend yield of Merafe Resources?

The current dividend yield of Merafe Resources is 0.23 %.

When does Merafe Resources pay dividends?

Merafe Resources pays a quarterly dividend. This is distributed in the months of May, October, May, October.

How secure is the dividend of Merafe Resources?

Merafe Resources paid dividends every year for the past 13 years.

What is the dividend of Merafe Resources?

For the upcoming 12 months, dividends amounting to 0.39 ZAR are expected. This corresponds to a dividend yield of 0.27 %.

In which sector is Merafe Resources located?

Merafe Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Merafe Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Merafe Resources from 9/9/2024 amounting to 0.2 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/4/2024.

When did Merafe Resources pay the last dividend?

The last dividend was paid out on 9/9/2024.

What was the dividend of Merafe Resources in the year 2023?

In the year 2023, Merafe Resources distributed 0.34 ZAR as dividends.

In which currency does Merafe Resources pay out the dividend?

The dividends of Merafe Resources are distributed in ZAR.

Andere Kennzahlen von Merafe Resources

Our stock analysis for Merafe Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Merafe Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.