Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia. It produces thermal coal, metallurgical coal, and semi-soft coking coal products primarily in the Waterberg and Mpumalanga regions; offers gas-atomised ferrosilicon for use in separation plants, as well as iron ore; and operates two wind farms. The company was formerly known as Kumba Resources Limited and changed its name to Exxaro Resources Limited in November 2006. Exxaro Resources Limited was incorporated in 2000 and is based in Centurion, South Africa.
Exxaro Resources Dividend Announcement
• Exxaro Resources announced a semi annually dividend of R796.00 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-10-02
• Exxaro Resources annual dividend for 2024 was R1368.00
• Exxaro Resources annual dividend for 2023 was R2279.00
• Exxaro Resources's trailing twelve-month (TTM) dividend yield is 7.78%
• Exxaro Resources's payout ratio for the trailing twelve months (TTM) is 67.74%
• Exxaro Resources's dividend growth over the last five years (2018-2023) was 0.85% year
• Exxaro Resources's dividend growth over the last ten years (2013-2023) was 19.46% year
Exxaro Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-02 | R796.00 | semi annually | 2024-10-07 |
2024-05-08 | R572.00 | semi annually | 2024-05-13 |
2023-09-27 | R1143.00 | semi annually | 2023-10-02 |
2023-05-03 | R1136.00 | semi annually | 2023-05-08 |
2022-09-28 | R1593.00 | semi annually | 2022-10-03 |
2022-05-04 | R1175.00 | semi annually | 2022-05-09 |
2021-09-29 | R2077.00 | semi annually | 2021-10-04 |
2021-04-28 | R543.00 | semi annually | 2021-05-03 |
2020-09-22 | R643.00 | semi annually | 2020-09-28 |
2020-04-22 | R566.00 | semi annually | 2020-04-28 |
2019-10-09 | R897.00 | semi annually | 2019-10-14 |
2019-05-07 | R555.00 | semi annually | 2019-05-13 |
2018-09-19 | R530.00 | semi annually | 2018-09-25 |
2018-04-18 | R400.00 | semi annually | 2018-04-23 |
2018-02-28 | R1255.00 | semi annually | 2018-03-05 |
2017-09-13 | R300.00 | semi annually | 2017-09-18 |
2017-04-19 | R410.00 | semi annually | 2017-04-24 |
2016-09-07 | R90.00 | semi annually | |
2016-04-11 | R85.00 | semi annually | |
2015-09-07 | R65.00 | semi annually | |
2015-04-13 | R210.00 | semi annually | |
2014-09-08 | R260.00 | semi annually | |
2014-04-07 | R315.00 | semi annually | |
2013-09-09 | R235.00 | semi annually | |
2013-04-08 | R150.00 | semi annually |
Exxaro Resources Dividend per year
Exxaro Resources Dividend growth
Exxaro Resources Dividend Yield
Exxaro Resources current trailing twelve-month (TTM) dividend yield is 7.78%. Interested in purchasing Exxaro Resources stock? Use our calculator to estimate your expected dividend yield:
Exxaro Resources Financial Ratios
Exxaro Resources Dividend FAQ
Other factors to consider when evaluating Exxaro Resources 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.
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1. Determination of Dividend: Exxaro Resources'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, Exxaro Resources 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, Exxaro Resources 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 Exxaro Resources 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.
1. Record Date: Exxaro Resources 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, Exxaro Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Exxaro Resources 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.
To assess the safety of Exxaro Resources'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 Exxaro Resources'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.