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Afrimat Limited, an open pit mining company, provides industrial minerals and construction materials in South Africa. It operates through three segments: Construction Materials, Industrial Minerals, and Bulk Commodities. The Construction Materials segment offers clinker ash, aggregates, manufactured and natural sand, stone dust, building blocks and bricks, pavers, lintels, and ready-mix concrete. The Industrial Minerals segment provides metallurgical dolomite, metallurgical quartzite, metallurgical limestone, high calcium neutralization limestone, agricultural lime, feedlime, hydrated lime, calcium oxide, calcium hydroxide, silica sand, silica sand, ultra-fine limestone and dolomite, and dolomite fillers. The Bulk Commodities segment mines for iron ores and underground anthracites. It also offers drilling and blasting, mobile crushing, screening, and bid preparation and contractual services. The company serves industrial minerals, building, construction, road building, railroad, and mining sectors. Afrimat Limited was founded in 1963 and is headquartered in Bellville, South Africa.

Afrimat Dividend Announcement

Afrimat announced a semi annually dividend of R10.00 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-20
Afrimat annual dividend for 2024 was R164.00
Afrimat annual dividend for 2023 was R150.00
Afrimat's trailing twelve-month (TTM) dividend yield is 2.39%
Afrimat's payout ratio for the trailing twelve months (TTM) is 43.72%
Afrimat's dividend growth over the last five years (2018-2023) was 19.72% year
Afrimat's dividend growth over the last ten years (2013-2023) was 17.08% year

Afrimat Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-20R10.00semi annually2024-11-25
2024-06-05R154.00semi annually2024-06-10
2023-11-22R40.00semi annually2023-11-27
2023-06-07R110.00semi annually2023-06-12
2022-11-23R40.00semi annually2022-11-28
2022-06-08R146.00semi annually2022-06-13
2021-12-01R40.00semi annually2021-12-06
2021-06-15R112.00semi annually2021-06-21
2020-11-25R36.00semi annually2020-11-30
2020-09-02R81.00semi annually2020-09-07
2019-11-27R36.00semi annually2019-12-02
2019-06-12R62.00semi annually2019-06-18
2018-11-28R19.00semi annually2018-12-03
2018-06-13R42.00semi annually2018-06-18
2017-11-29R20.00semi annually2017-12-04
2017-06-07R50.00semi annually2017-06-12
2016-11-30R20.00semi annually
2016-06-06R41.00semi annually
2015-12-07R16.00semi annually
2015-06-08R37.00semi annually
2014-12-08R13.00semi annually
2014-06-02R28.00semi annually
2013-12-02R11.00semi annually
2013-05-27R20.00semi annually

Afrimat Dividend per year

Afrimat Dividend growth

Afrimat Dividend Yield

Afrimat current trailing twelve-month (TTM) dividend yield is 2.39%. Interested in purchasing Afrimat stock? Use our calculator to estimate your expected dividend yield:

Afrimat Financial Ratios

P/E ratio9.17
PEG ratio188.46
P/B ratio2.25
ROE25.38%
Payout ratio43.72%
Current ratio0.70
Quick ratio0.42
Cash Ratio0.12

Afrimat Dividend FAQ

How much is the next Afrimat dividend?
Afrimat's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Afrimat dividend. The next Afrimat dividend will be released in June, or November.
When is Afrimat dividend paid?
Afrimat pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Afrimat pay?
The specific amount of Afrimat dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Afrimat's dividend history.
Does Afrimat stock pay dividends?
Yes, Afrimat does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Afrimat's dividend history.
How much dividend does Afrimat pay?
Afrimat paid R164 in 2024, R150 in 2023, R186 in 2022, R152 in 2021, and R117 in 2020.
How often does Afrimat pay dividends?
Afrimat typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and November.
What is Afrimat's dividend yield?
The current dividend yield for Afrimat is 2.39%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Afrimat's exact dividend yield.
When does Afrimat go ex dividend?
Afrimat's ex-dividend date for the latest dividend was on 2024-11-20. Afrimat typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Afrimat dividend paid?
Afrimat pays dividends on a semi annually basis, typically around June, or November, but the exact dates can vary each year.
Will Afrimat increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Afrimat will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Afrimat dividend per share?
Afrimat paid R164 per share in 2024 and R150 per share in 2023. The amount of dividend per share that Afrimat pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Afrimat a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Afrimat a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Afrimat a dividend stock?
Yes, Afrimat is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Afrimat a good dividend stock?
Whether Afrimat is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Afrimat has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Afrimat as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Afrimat pay dividends monthly?
Afrimat typically pays dividends on a semi annually basis.
Does Afrimat pay dividends quarterly?
Afrimat currently pays dividends on a semi annually basis.
Has Afrimat ever paid a dividend?
Yes, Afrimat has a history of paying dividends to its shareholders. Afrimat is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Afrimat dividend stocks?
To buy Afrimat you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Afrimat stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Afrimat pay dividends 2024?
Afrimat pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Afrimat increase its dividend in 2024?
Decisions regarding Afrimat dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Afrimat dividend overview you can look into the above table of dividend history.
How Afrimat dividend works?
The Afrimat dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Afrimat's dividend process works:

1. Determination of Dividend: Afrimat's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Afrimat publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Afrimat distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Afrimat are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Afrimat dividends paid?
Afrimat dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Afrimat sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Afrimat distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Afrimat declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Afrimat pay dividends?
Afrimat typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Afrimat pay dividends?
The general pattern is that Afrimat pays dividends around June, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Afrimat dividend safe?
The safety of Afrimat's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Afrimat's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Afrimat's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.