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Merafe Resources (FRA:RZT) 5-Year Dividend Growth Rate : 29.60% (As of Jun. 2024)


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What is Merafe Resources 5-Year Dividend Growth Rate?

Merafe Resources's Dividends per Share for the six months ended in Jun. 2024 was €0.01.

During the past 12 months, Merafe Resources's average Dividends Per Share Growth Rate was 68.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 102.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 29.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Merafe Resources was 111.40% per year. The lowest was -25.60% per year. And the median was 61.25% per year.

Merafe Resources's Dividend Payout Ratio for the six months ended in Jun. 2024 was 0.79. As of today, Merafe Resources's Dividend Yield % is 27.00%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Merafe Resources Ltd is 0.91, which seems too high.

Good Sign:

Merafe Resources Ltd stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Merafe Resources's 5-Year Dividend Growth Rate

For the Other Industrial Metals & Mining subindustry, Merafe Resources's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


Merafe Resources's 5-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Merafe Resources's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Merafe Resources's 5-Year Dividend Growth Rate falls into.



Merafe Resources 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Merafe Resources  (FRA:RZT) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Merafe Resources's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.011/ 0.014
=0.79

During the past 13 years, the highest Dividend Payout Ratio of Merafe Resources was 0.91. The lowest was 0.09. And the median was 0.16.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Merafe Resources Ltd is 0.91, which seems too high.

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

Merafe Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.2000002024-09-042024-09-062024-09-09Cash Dividendsemi-annuallyZAR:EUR 0.050291
ZAR 0.2200002024-04-102024-04-122024-04-15Cash Dividendsemi-annuallyZAR:EUR 0.049366

* 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.

Merafe Resources's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.02091872/0.078
=26.82 %

Current Share Price is €0.078.
Merafe Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.02091872.

During the past 13 years, the highest Dividend Yield of Merafe Resources was 31.48%. The lowest was 1.01%. And the median was 5.16%.

Good Sign:

Merafe Resources Ltd stock dividend yield is close to 10-year high.

* 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.


Merafe Resources 5-Year Dividend Growth Rate Related Terms

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Merafe Resources Business Description

Traded in Other Exchanges
Address
35 Ballyclare Drive, Building B, 2nd floor, Ballyoaks Office Park, Bryanston, ZAF, 2191
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namel Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals.

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