South32 (ASX:S32) Dividend Payout Ratio : 2.67 (As of Dec. 2023)

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What is South32 Dividend Payout Ratio?

South32's dividend payout ratio for the months ended in Dec. 2023 was 2.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of South32 Ltd is 1.202, which seems too high.

The historical rank and industry rank for South32's Dividend Payout Ratio or its related term are showing as below:

During the past 12 years, the highest Dividend Payout Ratio of South32 was 1.20. The lowest was 0.16. And the median was 0.40.

ASX:S32's Dividend Payout Ratio is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-26), the Dividend Yield % of South32 is 1.69%.

During the past 12 years, the highest Trailing Annual Dividend Yield of South32 was 9.51%. The lowest was 0.58%. And the median was 3.85%.

South32's Dividends per Share for the months ended in Dec. 2023 was A$0.05.

During the past 12 months, South32's average Dividends Per Share Growth Rate was -63.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 69.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of South32 was 69.80% per year. The lowest was -39.50% per year. And the median was -0.45% per year.

The growth rate is calculated with least square regression.

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

South32 Dividend Payout Ratio Historical Data

The historical data trend for South32's Dividend Payout Ratio 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.

* Premium members only.

South32 Dividend Payout Ratio Chart

South32 Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.76

0.80

0.16

0.21

1.20

South32 Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.16	0.26	0.91	-	2.67

Competitive Comparison of South32's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, South32's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

South32's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, South32's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where South32's Dividend Payout Ratio falls into.

South32 Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

South32's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.274	/	0.228
	=	1.20

South32's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.048	/	0.018
	=	2.67

South32 (ASX:S32) Dividend Payout Ratio Explanation

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.

South32 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of South32's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

South32 (ASX:S32) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South32 Ltd (ASX:S32) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

S32:South Africa SOUHY:USA SHTLF:USA S32l:UK S32:UK 32Z:Germany

Address

108 St Georges Terrace, Level 35, Perth, WA, AUS, 6000

Website

https://www.south32.net

South32 was born of the demerger of noncore assets from BHP in 2015. South32's major operations include alumina businesses in Australia and Brazil, aluminium in Brazil, South Africa, and Mozambique, manganese businesses in Australia and South Africa, and New South Wales metallurgical coal. It also owns the Cannington silver/lead/zinc mine in northwest Queensland and the Cerro Matoso nickel mine in Colombia. Cannington silver mine and manganese operations deliver high returns, but have relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor deposit in the U.S., and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.

South32 (ASX:S32) Headlines

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