GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineral Resources Ltd (ASX:MIN) » Definitions » Forward Dividend Yield %

Mineral Resources (ASX:MIN) Forward Dividend Yield % : 1.18% (As of May. 14, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Mineral Resources Forward Dividend Yield %?

As of today (2024-05-14), the Forward Annual Dividend Yield of Mineral Resources is 1.18%.

As of today (2024-05-14), the Trailing Annual Dividend Yield of Mineral Resources is 1.18%.

ASX:MIN's Forward Dividend Yield % is ranked worse than
75% of 296 companies
in the Metals & Mining industry
Industry Median: 2.325 vs ASX:MIN: 1.18

Mineral Resources's Dividends per Share for the six months ended in Dec. 2023 was A$0.70.

During the past 12 months, Mineral Resources's average Dividends Per Share Growth Rate was 90.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 59.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 38.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mineral Resources was 80.40% per year. The lowest was -20.10% per year. And the median was 30.25% 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 Mineral Resources's Forward Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Mineral Resources'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.


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

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

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



Mineral Resources Forward Dividend Yield % Calculation

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

Mineral Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.2000002024-03-012024-03-042024-03-26Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.7000002023-09-082023-09-112023-09-27Cash Dividendsemi-annuallyAUD:AUD 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.

Mineral Resources's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/76.32
=0.52 %

Current Share Price is A$76.32.
Mineral Resources's Dividends per Share for the forward twelve months is calculated as A$0.2 * 2 = A$0.4.

Mineral Resources's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.9/76.32
=1.18 %

Current Share Price is A$76.32.
Mineral Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.9.

* 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.


Mineral Resources  (ASX:MIN) 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.


Mineral Resources Forward Dividend Yield % Related Terms

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


Mineral Resources (ASX:MIN) Business Description

Traded in Other Exchanges
Address
20 Walters Drive, Osborne Park, Applecross, Western Australia, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.