Harmony Gold Mining Co (JSE:HAR) Cash Flow for Dividends: R-2,503 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:HAR Harmony Gold Mining Co Ltd JSE:HAR
91 GF Score
Price R248.02
GF Value R285.86
Valuation Modestly Undervalued
View Full Analysis

What is Harmony Gold Mining Co Cash Flow for Dividends?

Harmony Gold Mining Co JSE:HAR -0.19% 91 Cash Flow for Dividends is R-2,503 Mil as of Dec. 2025. GuruFocus rates JSE:HAR with a GF Score™ of 91/100 and a GF Value™ of R285.86 (Modestly Undervalued).

Harmony Gold Mining Co's cash flow for dividends for the six months ended in Dec. 2025 was R-1,029 Mil. Its cash flow for dividends for the trailing twelve months (TTM) ended in Dec. 2025 was R-2,503 Mil.

Note: A negative number here means the payment of dividends. When pays more dividends, the absolute value gets bigger.

Harmony Gold Mining Co's quarterly payment of dividends increased from Dec. 2024 (R-626 Mil) to Jun. 2025 (R-1,474 Mil) but then declined from Jun. 2025 (R-1,474 Mil) to Dec. 2025 (R-1,029 Mil).

Harmony Gold Mining Co's annual payment of dividends increased from Jun. 2023 (R-154 Mil) to Jun. 2024 (R-1,437 Mil) and increased from Jun. 2024 (R-1,437 Mil) to Jun. 2025 (R-2,100 Mil).


Harmony Gold Mining Co Cash Flow for Dividends Related Terms


Harmony Gold Mining Co Cash Flow for Dividends Historical Data

* Premium members only.

The historical data trend for Harmony Gold Mining Co's Cash Flow for Dividends can be seen below:

* 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.

Harmony Gold Mining Co Cash Flow for Dividends Chart

Harmony Gold Mining Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Flow for Dividends
Get a 7-Day Free Trial Premium Member Only Premium Member Only -684.00 -430.00 -154.00 -1,437.00 -2,100.00

Harmony Gold Mining Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Flow for Dividends Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -486.00 -951.00 -626.00 -1,474.00 -1,029.00
JSE:HAR
91GF Score
Harmony Gold Mining Co Ltd JSE:HAR
Cash Flow for Dividends is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harmony Gold Mining Co Cash Flow for Dividends Calculation

Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Cash Flow for Dividends for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-2,503 Mil.

* 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 Cash Flow for Dividends of R-2,503 Mil mean?
Harmony Gold Mining Co (JSE:HAR) has a Cash Flow for Dividends of R-2,503 Mil as of Dec. 2025. Cash Flow for Dividends represent the amount a company pays as dividends for a specific accounting period. View historical data for Harmony Gold Mining Co and its competitors.
Is Harmony Gold Mining Co's Cash Flow for Dividends too high?
Harmony Gold Mining Co's current Cash Flow for Dividends is R-2,503 Mil. Overall, Harmony Gold Mining Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harmony Gold Mining Co's Cash Flow for Dividends compare to NEM and AU?
Harmony Gold Mining Co's Cash Flow for Dividends of R-2,503 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow for Dividends for a Metals & Mining company?
A good Cash Flow for Dividends depends on the Metals & Mining industry context. However, Cash Flow for Dividends should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow for Dividends mean?
A high Cash Flow for Dividends can signal that a stock is expensive relative to its fundamentals. Cash Flow for Dividends represent the amount a company pays as dividends for a specific accounting period. View historical data for Harmony Gold Mining Co and its competitors. Harmony Gold Mining Co's current Cash Flow for Dividends is R-2,503 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmony Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Harmony Gold Mining Co (JSE:HAR) is currently considered Modestly Undervalued. The stock's GF Value™ is R285.86, compared to a current price of R248.02 — trading 13.2% below its estimated fair value. The current Cash Flow for Dividends is R-2,503 Mil. Harmony Gold Mining Co's overall GF Score™ is 91/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow for Dividends calculated?
Cash Flow for Dividends is calculated from a company's financial statements. For Harmony Gold Mining Co (JSE:HAR), the current Cash Flow for Dividends is R-2,503 Mil as of Dec. 2025. 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 Harmony Gold Mining Co (JSE:HAR) Overvalued in 2026?

Based on GuruFocus' analysis, Harmony Gold Mining Co stock appears to be undervalued. The current stock price of R248.02 is trading 13.2% below its estimated GF Value™ of R285.86. GuruFocus considers Harmony Gold Mining Co to be Modestly Undervalued.

Key valuation signals for JSE:HAR:

  • Cash Flow for Dividends: R-2,503 Mil
  • GF Value™: R285.86 vs. price of R248.02 (13.2% below fair value)
  • GF Score™: 91/100

No single metric tells the full story. See the JSE:HAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harmony Gold Mining Co Business Description

Address Corner Main Reef Road and Ward Avenue, Randfontein Office Park, Randfontein, ZAF, 1759
Harmony Gold Mining Co Ltd is engaged in gold mining and related activities, including exploration, extraction, and processing. The group's primary product is gold bullion, produced at operations in South Africa and Papua New Guinea. Gold byproducts include uranium and silver. Strategic projects such as the Wafi-Golpu Project in the New Guinea Mobile Belt, the Eva Copper Project in the Mt Isa Inlier, Queensland, Australia, and the MAC Copper acquisition position the company as a gold-copper producer. The company operates across South Africa, Papua New Guinea, and Australia.
91GF Score

Get the complete analysis for JSE:HAR

Cash Flow for Dividends is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R248.02
Price
R285.86
GF Value