Oz Minerals (ASX:OZL) Forward Dividend Yield % : 0.92% (As of Apr. 26, 2024)

View and export this data going back to 1970. Start your Free Trial

What is Oz Minerals Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Oz Minerals is 0.92%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Oz Minerals is 0.28%.

ASX:OZL's Forward Dividend Yield % is not ranked
in the Metals & Mining industry.
Industry Median: 2.35 vs ASX:OZL: 0.92

Oz Minerals's Dividends per Share for the six months ended in Dec. 2022 was A$0.08.

During the past 12 months, Oz Minerals's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Oz Minerals was 54.20% per year. The lowest was -52.80% per year. And the median was 4.30% 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 Oz Minerals's Forward Dividend Yield %

For the Copper subindustry, Oz 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.

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

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

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

Oz Minerals Forward Dividend Yield % Calculation

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

Oz Minerals (ASX:OZL) 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.

Oz Minerals Forward Dividend Yield % Related Terms

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

Oz Minerals (ASX:OZL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oz Minerals Ltd (ASX:OZL) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Hamra Drive, Adelaide Airport, Adelaide, SA, AUS, 5950

Website

https://www.ozminerals.com

Oz Minerals is a midtier miner that produced 125,000 metric tons of copper and 240,000 ounces of gold in 2021. Production is mainly from Carrapateena and Prominent Hill mines in South Australia, with Brazil a minor contributor. It is increasing production at its Australian mines while also pursuing incremental production in Brazil, targeting annual production of 220,000 metric tons of copper and 400,000 ounces of gold later this decade. Carrapateena and Prominent Hill's cash costs will likely remain in the lowest quartile of the cost curve once expanded, while Brazilian operations are smaller and higher cost. The West Musgrave nickel project in Western Australia is likely to be approved in 2022, which will add an average of 26,000 metric tons of nickel for its 20-year-plus life.

Oz Minerals (ASX:OZL) Headlines

No Headlines