Rand Mining (STU:014) Dividend Payout Ratio : 0.95 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Rand Mining Dividend Payout Ratio?

Rand Mining's dividend payout ratio for the months ended in Dec. 2023 was 0.95.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Rand Mining Ltd is 0.75, which seems too high.

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

STU:014' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.54 Max: 0.73
Current: 0.73

During the past 13 years, the highest Dividend Payout Ratio of Rand Mining was 0.73. The lowest was 0.39. And the median was 0.54.

STU:014's Dividend Payout Ratio is ranked worse than
71.81% of 259 companies
in the Metals & Mining industry
Industry Median: 0.42 vs STU:014: 0.73

As of today (2024-05-26), the Dividend Yield % of Rand Mining is 7.18%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Rand Mining was 8.70%. The lowest was 6.33%. And the median was 7.09%.

Rand Mining's Dividends per Share for the months ended in Dec. 2023 was €0.06.

The growth rate is calculated with least square regression.

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

Rand Mining Dividend Payout Ratio Historical Data

The historical data trend for Rand Mining'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.

Rand Mining Dividend Payout Ratio Chart

Rand Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.39

0.53

0.69

Rand Mining 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															0.77	-	0.88	-	0.95

Competitive Comparison of Rand Mining's Dividend Payout Ratio

For the Gold subindustry, Rand Mining'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.

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

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

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

Rand Mining Dividend Payout Ratio Calculation

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

Rand Mining'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 )
	=	0.062	/	0.09
	=	0.69

Rand Mining'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 )
	=	0.061	/	0.064
	=	0.95

Rand Mining (STU:014) 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.

Rand Mining Dividend Payout Ratio Related Terms

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

Rand Mining (STU:014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rand Mining Ltd (STU:014) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

RND:Australia

Address

49 Melville Parade, Suite G1, South Perth, WA, AUS, 6151

Website

https://www.randmining.com.au

Rand Mining Ltd is engaged in exploration, development, and production activities at East Kundana Joint Venture tenements.

Rand Mining (STU:014) Headlines

No Headlines