Table of Contents

company-logo

Northam Platinum Holdings Limited, through its subsidiary, Northam Platinum Limited, produces and sells platinum group metals in South Africa, Europe, Japan, Asia, and North America. The company explores for platinum, palladium, rhodium, gold, iridium, ruthenium, silver, nickel, copper, cobalt, chrome, and UG2 ore deposits. It holds interests in the Booysendal mine located on the eastern limb of the Bushveld complex; the Zondereinde mine located in the northern end of the western limb of the Bushveld complex; and the Eland mine. The company also offers recycling services. Northam Platinum Holdings Limited was founded in 2020 and is based in Johannesburg, South Africa.

Northam Platinum Dividend Announcement

• Northam Platinum announced a semi annually dividend of R70.00 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-18
• Northam Platinum annual dividend for 2024 was R170.00
• Northam Platinum annual dividend for 2023 was R600.00
• Northam Platinum's trailing twelve-month (TTM) dividend yield is 1.57%
• Northam Platinum's payout ratio for the trailing twelve months (TTM) is -242.23%

Northam Platinum Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-18R70.00semi annually2024-09-23
2024-03-19R100.00semi annually2024-03-25
2023-09-13R600.00semi annually2023-09-18

Northam Platinum Dividend per year

Northam Platinum Dividend Yield

Northam Platinum current trailing twelve-month (TTM) dividend yield is 1.57%. Interested in purchasing Northam Platinum stock? Use our calculator to estimate your expected dividend yield:

Northam Platinum Financial Ratios

P/E ratio-26.26
PEG ratio-26.26
P/B ratio1.39
ROE-5.21%
Payout ratio-242.23%
Current ratio1.82
Quick ratio0.98
Cash Ratio0.74

Northam Platinum Dividend FAQ

Does Northam Platinum stock pay dividends?
Northam Platinum does not currently pay dividends to its shareholders.
Has Northam Platinum ever paid a dividend?
No, Northam Platinum has no a history of paying dividends to its shareholders. Northam Platinum is not known for its dividend payments.
Why doesn't Northam Platinum pay dividends?
There are several potential reasons why Northam Platinum would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Northam Platinum ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Northam Platinum has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Northam Platinum a dividend aristocrat?
Northam Platinum is not considered a Dividend Aristocrat. 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 Northam Platinum a dividend king?
Northam Platinum is not classified as a "Dividend King". 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 Northam Platinum a dividend stock?
No, Northam Platinum is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Northam Platinum stocks?
To buy Northam Platinum 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Northam Platinum 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.