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Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome. The company operates five ferrochrome smelters, twenty-two ferrochrome furnaces, six chrome ore mines, and five UG2 plants. It primarily serves stainless steel mills in Africa, the Middle East, the United States, Brazil, Mexico, China, India, Indonesia, Japan, South Korea, Taiwan, Australia, Germany, Italy, Spain, France, and Belgium. The company was incorporated in 1987 and is based in Bryanston, South Africa.

Merafe Resources Dividend Announcement

Merafe Resources announced a semi annually dividend of R20.00 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-09-04
Merafe Resources annual dividend for 2024 was R42.00
Merafe Resources annual dividend for 2023 was R33.00
Merafe Resources's trailing twelve-month (TTM) dividend yield is 28.0%
Merafe Resources's payout ratio for the trailing twelve months (TTM) is 57.50%
Merafe Resources's dividend growth over the last five years (2018-2023) was 14.23% year

Merafe Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04R20.00semi annually2024-09-09
2024-04-10R22.00semi annually
2023-09-06R20.00semi annually2023-09-11
2023-04-12R13.00semi annually2023-04-17
2022-09-14R12.00semi annually2022-09-19
2022-04-06R22.00semi annually2022-04-11
2021-09-01R7.00semi annually2021-09-06
2020-03-25R4.00semi annually2020-03-30
2019-03-27R6.00semi annually2019-04-01
2018-08-29R7.97semi annually2018-09-03
2018-03-20R9.00semi annually2018-03-26
2017-09-20R3.00semi annually2017-09-26
2017-03-29R4.00semi annually2017-04-03
2016-08-24R0.80semi annually
2016-03-24R1.19semi annually
2015-08-24R1.00semi annually
2015-03-23R0.80semi annually
2014-09-01R1.12semi annually
2011-03-18R2.00semi annually

Merafe Resources Dividend per year

Merafe Resources Dividend growth

Merafe Resources Dividend Yield

Merafe Resources current trailing twelve-month (TTM) dividend yield is 28.0%. Interested in purchasing Merafe Resources stock? Use our calculator to estimate your expected dividend yield:

Merafe Resources Financial Ratios

P/E ratio1.33
PEG ratio-15.93
P/B ratio0.69
ROE53.80%
Payout ratio57.50%
Current ratio5.76
Quick ratio3.94
Cash Ratio1.88

Merafe Resources Dividend FAQ

How much is the next Merafe Resources dividend?
Merafe Resources's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Merafe Resources dividend. The next Merafe Resources dividend will be released in April, or September.
When is Merafe Resources dividend paid?
Merafe Resources pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and September. 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 Merafe Resources pay?
The specific amount of Merafe Resources 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 Merafe Resources's dividend history.
Does Merafe Resources stock pay dividends?
Yes, Merafe Resources 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 Merafe Resources's dividend history.
How much dividend does Merafe Resources pay?
Merafe Resources paid R42.0 in 2024, R33.0 in 2023, R34.0 in 2022, R7.0 in 2021, and R4.0 in 2020.
How often does Merafe Resources pay dividends?
Merafe Resources 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 April, and September.
What is Merafe Resources's dividend yield?
The current dividend yield for Merafe Resources is 28.0%. 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 Merafe Resources's exact dividend yield.
When does Merafe Resources go ex dividend?
Merafe Resources's ex-dividend date for the latest dividend was on 2024-09-04. Merafe Resources 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 Merafe Resources dividend paid?
Merafe Resources pays dividends on a semi annually basis, typically around April, or September, but the exact dates can vary each year.
Will Merafe Resources 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 Merafe Resources 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 Merafe Resources dividend per share?
Merafe Resources paid R42.0 per share in 2024 and R33.0 per share in 2023. The amount of dividend per share that Merafe Resources 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 Merafe Resources 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 Merafe Resources 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 Merafe Resources a dividend stock?
Yes, Merafe Resources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Merafe Resources a good dividend stock?
Whether Merafe Resources is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Merafe Resources has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Merafe 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.
Does Merafe Resources pay dividends monthly?
Merafe Resources typically pays dividends on a semi annually basis.
Does Merafe Resources pay dividends quarterly?
Merafe Resources currently pays dividends on a semi annually basis.
Has Merafe Resources ever paid a dividend?
Yes, Merafe Resources has a history of paying dividends to its shareholders. Merafe Resources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Merafe Resources dividend stocks?
To buy Merafe Resources 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 Merafe Resources 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 Merafe Resources pay dividends 2024?
Merafe Resources pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-09. 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 Merafe Resources increase its dividend in 2024?
Decisions regarding Merafe Resources 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 Merafe Resources dividend overview you can look into the above table of dividend history.
How Merafe Resources dividend works?
The Merafe Resources 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 Merafe Resources's dividend process works:

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

1. Record Date: Merafe 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, Merafe 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: Merafe 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.
How many times does Merafe Resources pay dividends?
Merafe Resources 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 Merafe Resources pay dividends?
The general pattern is that Merafe Resources pays dividends around April, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Merafe Resources dividend safe?
The safety of Merafe Resources'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 Merafe 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 Merafe 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.