PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) Dividend Payout Ratio: 0.92 (As of Dec. 2023)

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MIC:GMKN PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN
17 GF Score
Price ₽114.46
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What is PJSC Mining & Metallurgical Co Norilsk Nickel Dividend Payout Ratio?

PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN +0.95% 17 Dividend Payout Ratio is 0.92 as of Dec. 2023. GuruFocus rates MIC:GMKN with a GF Score™ of 17/100.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. PJSC Mining & Metallurgical Co Norilsk Nickel's Dividend Payout Ratio for the months ended in Dec. 2023 was 0.92.

The historical rank and industry rank for PJSC Mining & Metallurgical Co Norilsk Nickel's Dividend Payout Ratio or its related term are showing as below:

MIC:GMKN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.63
Current: 0.63


During the past 13 years, the highest Dividend Payout Ratio of PJSC Mining & Metallurgical Co Norilsk Nickel was 0.63. The lowest was 0.00. And the median was 0.00.

MIC:GMKN's Dividend Payout Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 0.27 vs MIC:GMKN: 0.63

As of today (2026-07-30), the Dividend Yield % of PJSC Mining & Metallurgical Co Norilsk Nickel is 11.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of PJSC Mining & Metallurgical Co Norilsk Nickel was 11.95%. The lowest was 0.00%. And the median was 0.00%.

PJSC Mining & Metallurgical Co Norilsk Nickel's Dividends per Share for the months ended in Dec. 2023 was ₽9.33.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


PJSC Mining & Metallurgical Co Norilsk Nickel Dividend Payout Ratio Related Terms


PJSC Mining & Metallurgical Co Norilsk Nickel Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel Dividend Payout Ratio Chart

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.69 0.34 1.15 0.61

PJSC Mining & Metallurgical Co Norilsk Nickel 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 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 0.00 1.24 0.00 0.00 0.92

PJSC Mining & Metallurgical Co Norilsk Nickel Dividend Payout Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PJSC Mining & Metallurgical Co Norilsk Nickel'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.


PJSC Mining & Metallurgical Co Norilsk Nickel Dividend Payout Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PJSC Mining & Metallurgical Co Norilsk Nickel's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where PJSC Mining & Metallurgical Co Norilsk Nickel's Dividend Payout Ratio falls into.


MIC:GMKN
17GF Score
PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PJSC Mining & Metallurgical Co Norilsk Nickel Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

PJSC Mining & Metallurgical Co Norilsk Nickel's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=9.331/ 15.241
=0.61

PJSC Mining & Metallurgical Co Norilsk Nickel'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 )
=9.331/ 10.152
=0.92

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.92 mean?
PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) has a Dividend Payout Ratio of 0.92 as of Dec. 2023. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on PJSC Mining & Metallurgical Co Norilsk Nickel and its competitors.
Is PJSC Mining & Metallurgical Co Norilsk Nickel's Dividend Payout Ratio too high?
PJSC Mining & Metallurgical Co Norilsk Nickel's current Dividend Payout Ratio is 0.92. The Metals & Mining industry median Dividend Payout Ratio is 0.27. PJSC Mining & Metallurgical Co Norilsk Nickel's value of 0.92 is 240.7% above this industry median. Overall, PJSC Mining & Metallurgical Co Norilsk Nickel has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Mining & Metallurgical Co Norilsk Nickel's Dividend Payout Ratio compare to competitors?
PJSC Mining & Metallurgical Co Norilsk Nickel's Dividend Payout Ratio of 0.92 can be compared against companies in the Metals & Mining industry. The industry median Dividend Payout Ratio is 0.27. PJSC Mining & Metallurgical Co Norilsk Nickel's value of 0.92 is 240.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Metals & Mining company?
The median Dividend Payout Ratio among Metals & Mining companies is 0.27, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PJSC Mining & Metallurgical Co Norilsk Nickel's current Dividend Payout Ratio of 0.92 is 240.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on PJSC Mining & Metallurgical Co Norilsk Nickel and its competitors. For the Metals & Mining industry, the median Dividend Payout Ratio is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC Mining & Metallurgical Co Norilsk Nickel's current Dividend Payout Ratio is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Mining & Metallurgical Co Norilsk Nickel stock overvalued right now?
PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) has a current Dividend Payout Ratio of 0.92. The current Dividend Payout Ratio is 0.92 and 240.7% above the Metals & Mining industry median of 0.27. PJSC Mining & Metallurgical Co Norilsk Nickel's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN), the current Dividend Payout Ratio is 0.92 as of Dec. 2023. 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.

PJSC Mining & Metallurgical Co Norilsk Nickel Business Description

Address 15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.
17GF Score

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