African Rainbow MineralsAFBOF 82 Forward Dividend Yield % is 5.85% as of Jun. 24, 2026. GuruFocus rates AFBOF with a GF Score™ of 82/100 and a GF Value™ of $12.88 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 331 Metals & Mining companies, African Rainbow Minerals ranks better than 90.03% on this metric.
As of today (2026-06-24), the Forward Annual Dividend Yield of African Rainbow Minerals is 5.85%.
As of today (2026-06-24), the Trailing Annual Dividend Yield of African Rainbow Minerals is 5.85%.
AFBOF's Forward Dividend Yield % is ranked better than 90.03% of 331
companies
in the Metals & Mining industry
Industry Median: 1.87
vs AFBOF: 5.85
During the past 12 months, African Rainbow Minerals's average Dividends Per Share Growth Rate was -30.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -25.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 21.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of African Rainbow Minerals was 83.90% per year. The lowest was -25.00% per year. And the median was 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
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.
For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.
African Rainbow Minerals Forward Dividend Yield % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where African Rainbow Minerals's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
African Rainbow Minerals Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 5.000000
2026-04-08
2026-04-10
2026-04-13
Cash Dividend
semi-annually
ZAR:USD 0.059704
ZAR 6.000000
2025-10-01
2025-10-03
2025-10-06
Cash Dividend
semi-annually
ZAR:USD 0.057897
* 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.
* 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.
What does a Forward Dividend Yield % of 5.85% mean?
African Rainbow Minerals (AFBOF) has a Forward Dividend Yield % of 5.85% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on African Rainbow Minerals and its competitors. According to the industry distribution chart, African Rainbow Minerals ranks #33 out of 331 companies in the Metals & Mining industry, placing it in the top 10%.
Is African Rainbow Minerals' Forward Dividend Yield % too high?
African Rainbow Minerals' current Forward Dividend Yield % is 5.85%. The Metals & Mining industry median Forward Dividend Yield % is 1.87. African Rainbow Minerals' value of 5.85% is 212.8% above this industry median. Based on the distribution chart, African Rainbow Minerals ranks #33 out of 331 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, African Rainbow Minerals has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does African Rainbow Minerals' Forward Dividend Yield % compare to competitors?
According to the Metals & Mining industry distribution chart, African Rainbow Minerals ranks #33 out of 331 companies for Forward Dividend Yield %. This places African Rainbow Minerals in the top 10% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 1.87. African Rainbow Minerals' value of 5.85% is 212.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Metals & Mining company?
The median Forward Dividend Yield % among Metals & Mining companies is 1.87, based on 331 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. African Rainbow Minerals's current Forward Dividend Yield % of 5.85% is 212.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on African Rainbow Minerals and its competitors. For the Metals & Mining industry, the median Forward Dividend Yield % is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Rainbow Minerals's current Forward Dividend Yield % is 5.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Rainbow Minerals stock overvalued right now?
Based on GuruFocus' analysis, African Rainbow Minerals (AFBOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.88, compared to a current price of $11.07 — trading 14.1% below its estimated fair value. The current Forward Dividend Yield % is 5.85% and 212.8% above the Metals & Mining industry median of 1.87. African Rainbow Minerals' overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For African Rainbow Minerals (AFBOF), the current Forward Dividend Yield % is 5.85% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is African Rainbow Minerals (AFBOF) Overvalued in 2026?
Based on GuruFocus' analysis, African Rainbow Minerals stock appears to be undervalued.
The current stock price of $11.07 is trading 14.1% below its estimated GF Value™ of $12.88.
GuruFocus considers African Rainbow Minerals to be Modestly Undervalued.
Key valuation signals for AFBOF:
Forward Dividend Yield %: 5.85%
GF Value™: $12.88 vs. price of $11.07 (14.1% below fair value)
Industry Position: 212.8% above the Metals & Mining median (#33 of 331)
No single metric tells the full story. See the AFBOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
African Rainbow Minerals Ltd is a South African diversified mining and minerals company with operations in South Africa and Malaysia. The group operates through four main segments: ARM Platinum, which includes platinum group metals and nickel; ARM Ferrous, focused on iron ore, manganese ore, and chrome ore; ARM Coal, operating mainly in the Goedgevonden Mine; and ARM Corporate, which includes Machadodorp Works, gold investments, and other activities. The company produces manganese alloys and holds a strategic investment in gold. The company generates the majority of its revenue from South Africa and maintains a presence in Europe, the Americas, and the Far and Middle East.
82GF Score
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