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Master Drilling Group Limited, an investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydro-electric power sectors. The company offers rock boring services, including raise, horizontal, box hole, slot, reef, mobile tunnel, and blind shaft boring systems; exploration drilling services, such as aircore, blast hole, core, grade control, hydrogeological, mud rotary, percussion, sonic, and underground drilling services; and support services comprising directional drilling, stage shaft and remote-operated shaft support, piling, and geo intelligence services. It operates in Africa, Central and North America, South America, and internationally. Master Drilling Group Limited was founded in 1986 and is based in Fochville, South Africa.

Master Drilling Dividend Announcement

Master Drilling announced a annually dividend of R52.50 per ordinary share which will be made payable on 2024-05-20. Ex dividend date: 2024-05-15
Master Drilling annual dividend for 2024 was R52.50
Master Drilling annual dividend for 2023 was R47.50
Master Drilling's trailing twelve-month (TTM) dividend yield is 3.88%
Master Drilling's payout ratio for the trailing twelve months (TTM) is 34.91%

Master Drilling Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-15R52.50annually2024-05-20
2023-05-17R47.50annually2023-05-22
2022-06-08R32.50annually2022-06-13
2019-05-15R26.00annually2019-05-20
2018-05-16R26.00annually2018-05-21
2017-05-17R30.00annually2017-05-22

Master Drilling Dividend per year

Master Drilling Dividend growth

Master Drilling Dividend Yield

Master Drilling current trailing twelve-month (TTM) dividend yield is 3.88%. Interested in purchasing Master Drilling stock? Use our calculator to estimate your expected dividend yield:

Master Drilling Financial Ratios

P/E ratio4.73
PEG ratio4.73
P/B ratio11.42
ROE237.93%
Payout ratio34.91%
Current ratio1.78
Quick ratio1.21
Cash Ratio0.35

Master Drilling Dividend FAQ

How much is the next Master Drilling dividend?
Master Drilling's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Master Drilling dividend. The next Master Drilling dividend will be released in May.
When is Master Drilling dividend paid?
Master Drilling pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Master Drilling pay?
The specific amount of Master Drilling 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 Master Drilling's dividend history.
Does Master Drilling stock pay dividends?
Yes, Master Drilling 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 Master Drilling's dividend history.
How much dividend does Master Drilling pay?
Master Drilling paid R52.5 in 2024, R47.5 in 2023, R32.5 in 2022, R0.0 in 2021, and R0.0 in 2020.
How often does Master Drilling pay dividends?
Master Drilling typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Master Drilling's dividend yield?
The current dividend yield for Master Drilling is 3.88%. 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 Master Drilling's exact dividend yield.
When does Master Drilling go ex dividend?
Master Drilling's ex-dividend date for the latest dividend was on 2024-05-15. Master Drilling 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 Master Drilling dividend paid?
Master Drilling pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Master Drilling 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 Master Drilling 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 Master Drilling dividend per share?
Master Drilling paid R52.5 per share in 2024 and R47.5 per share in 2023. The amount of dividend per share that Master Drilling 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 Master Drilling 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 Master Drilling 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 Master Drilling a dividend stock?
Yes, Master Drilling is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Master Drilling a good dividend stock?
Whether Master Drilling is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Master Drilling has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Master Drilling 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 Master Drilling pay dividends monthly?
Master Drilling typically pays dividends on a annually basis.
Does Master Drilling pay dividends quarterly?
Master Drilling currently pays dividends on a annually basis.
Has Master Drilling ever paid a dividend?
Yes, Master Drilling has a history of paying dividends to its shareholders. Master Drilling is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Master Drilling dividend stocks?
To buy Master Drilling 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 Master Drilling 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 Master Drilling pay dividends 2024?
Master Drilling pays dividends on a annually basis. 2024 dividend payments are in 2024-05-20. 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 Master Drilling increase its dividend in 2024?
Decisions regarding Master Drilling 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 Master Drilling dividend overview you can look into the above table of dividend history.
How Master Drilling dividend works?
The Master Drilling 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 Master Drilling's dividend process works:

1. Determination of Dividend: Master Drilling'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, Master Drilling 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, Master Drilling 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 Master Drilling 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 Master Drilling dividends paid?
Master Drilling dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Master Drilling 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, Master Drilling distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Master Drilling 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 Master Drilling pay dividends?
Master Drilling typically pays dividends on a 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 Master Drilling pay dividends?
The general pattern is that Master Drilling pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Master Drilling dividend safe?
The safety of Master Drilling'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 Master Drilling'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 Master Drilling'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.