GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Perseus Mining Ltd (OTCPK:PMNXF) » Definitions » Forward Dividend Yield %

Perseus Mining (Perseus Mining) Forward Dividend Yield % : 1.61% (As of May. 15, 2024)


View and export this data going back to . Start your Free Trial

What is Perseus Mining Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of Perseus Mining is 1.61%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of Perseus Mining is 1.61%.

PMNXF's Forward Dividend Yield % is ranked worse than
63.85% of 296 companies
in the Metals & Mining industry
Industry Median: 2.325 vs PMNXF: 1.61

Perseus Mining's Dividends per Share for the six months ended in Dec. 2023 was $0.02.

During the past 12 months, Perseus Mining's average Dividends Per Share Growth Rate was 45.80% 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 Perseus Mining's Forward Dividend Yield %

For the Gold subindustry, Perseus Mining'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.


Perseus Mining's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Perseus Mining's Forward Dividend Yield % falls into.



Perseus Mining Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Perseus Mining Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0125002024-03-072024-03-082024-04-05Cash Dividendsemi-annuallyAUD:USD 0.655738
AUD 0.0248002023-09-122023-09-132023-10-12Cash Dividendsemi-annuallyAUD:USD 0.642674

* 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.

Perseus Mining's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.01639345/1.50
=1.09 %

Current Share Price is $1.50.
Perseus Mining's Dividends per Share for the forward twelve months is calculated as $0.008196725 * 2 = $0.01639345.

Perseus Mining's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0241350402/1.50
=1.61 %

Current Share Price is $1.50.
Perseus Mining's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.0241350402.

* 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.


Perseus Mining  (OTCPK:PMNXF) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Perseus Mining Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Perseus Mining's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Perseus Mining (Perseus Mining) Business Description

Traded in Other Exchanges
Address
437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus Mining in an Australian-based gold miner. It sold around 540,000 ounces of gold in fiscal 2023 from its three majority-owned mines in West Africa. Founded in 2004, Perseus purchased all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, the company had about five years of reserves at the end of fiscal 2023.

Perseus Mining (Perseus Mining) Headlines

From GuruFocus