During the past 12 months, Kumba Iron Ore's average Dividends Per Share Growth Rate was -34.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kumba Iron Ore was 69.40% per year. The lowest was -43.00% per year. And the median was 21.65% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Kumba Iron Ore's Forward Dividend Yield %
For the Steel subindustry, Kumba Iron Ore's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kumba Iron Ore's Forward Dividend Yield % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Kumba Iron Ore's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kumba Iron Ore's Forward Dividend Yield % falls into.
Kumba Iron Ore Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Kumba Iron Ore Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 24.200
2024-03-13
2024-03-15
2024-03-18
Cash Dividend
semi-annually
ZAR:ZAR 1.000000
ZAR 22.600
2023-08-16
2023-08-18
2023-08-21
Cash Dividend
semi-annually
ZAR:ZAR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Kumba Iron Ore's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
48.4
/
475.54
=
10.18 %
Current Share Price is R475.54. Kumba Iron Ore's Dividends per Share for the forward twelve months is calculated as R24.2 * 2 = R48.4.
Kumba Iron Ore's Trailing Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kumba Iron Ore (JSE:KIO) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Kumba Iron Ore Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Kumba Iron Ore's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.
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