Rand Mining Limited explores for, develops, and produces mineral properties in Australia. It primarily explores for gold and silver deposits. The company holds a 12.25% interest in the East Kundana Joint Venture located to the west north west of Kalgoorlie and north east of Coolgardie. It also has a 50% interest in the Seven Mile Hill project. The company was incorporated in 1966 and is based in South Perth, Australia.
Rand Mining Dividend Announcement
• Rand Mining announced a annually dividend of A$0.10 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-18 • Rand Mining annual dividend for 2024 was A$0.10 • Rand Mining annual dividend for 2023 was A$0.10 • Rand Mining's trailing twelve-month (TTM) dividend yield is 6.33% • Rand Mining's payout ratio for the trailing twelve months (TTM) is 85.37% • Rand Mining's dividend growth over the last five years (2018-2023) was -40.58% year
Rand Mining current trailing twelve-month (TTM) dividend yield is 6.33%. Interested in purchasing Rand Mining stock? Use our calculator to estimate your expected dividend yield:
Rand Mining Financial Ratios
P/E ratio13.49
PEG ratio0.13
P/B ratio0.91
ROE6.78%
Payout ratio85.37%
Current ratio23.75
Quick ratio1.00
Cash Ratio0.93
Rand Mining Dividend FAQ
How much is the next Rand Mining dividend?
Rand Mining's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Rand Mining dividend. The next Rand Mining dividend will be released in November.
When is Rand Mining dividend paid?
Rand Mining pays dividends on a annually basis. The specific dates may vary each year but are generally around 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 Rand Mining pay?
The specific amount of Rand Mining 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 Rand Mining's dividend history.
Does Rand Mining stock pay dividends?
Yes, Rand Mining 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 Rand Mining's dividend history.
How much dividend does Rand Mining pay?
Rand Mining paid A$0.1 in 2024, A$0.1 in 2023, A$0.1 in 2022, A$0.1 in 2021, and A$0.1 in 2020.
How often does Rand Mining pay dividends?
Rand Mining 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 November.
What is Rand Mining's dividend yield?
The current dividend yield for Rand Mining is 6.33%. 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 Rand Mining's exact dividend yield.
When does Rand Mining go ex dividend?
Rand Mining's ex-dividend date for the latest dividend was on 2024-11-18. Rand Mining 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 Rand Mining dividend paid?
Rand Mining pays dividends on a annually basis, typically around November, but the exact dates can vary each year.
Will Rand Mining 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 Rand Mining 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 Rand Mining dividend per share?
Rand Mining paid A$0.1 per share in 2024 and A$0.1 per share in 2023. The amount of dividend per share that Rand Mining 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 Rand Mining 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 Rand Mining 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 Rand Mining a dividend stock?
Yes, Rand Mining is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Rand Mining a good dividend stock?
Whether Rand Mining is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Rand Mining has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Rand Mining 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 Rand Mining pay dividends monthly?
Rand Mining typically pays dividends on a annually basis.
Does Rand Mining pay dividends quarterly?
Rand Mining currently pays dividends on a annually basis.
Has Rand Mining ever paid a dividend?
Yes, Rand Mining has a history of paying dividends to its shareholders. Rand Mining is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Rand Mining dividend stocks?
To buy Rand Mining 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 Rand Mining 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 Rand Mining pay dividends 2024?
Rand Mining pays dividends on a annually basis. 2024 dividend payments are in 2024-12-16. 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 Rand Mining increase its dividend in 2024?
Decisions regarding Rand Mining 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 Rand Mining dividend overview you can look into the above table of dividend history.
How Rand Mining dividend works?
The Rand Mining 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 Rand Mining's dividend process works:
1. Determination of Dividend: Rand Mining'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, Rand Mining 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, Rand Mining 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 Rand Mining 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 Rand Mining dividends paid?
Rand Mining dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Rand Mining 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, Rand Mining distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rand Mining 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 Rand Mining pay dividends?
Rand Mining 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 Rand Mining pay dividends?
The general pattern is that Rand Mining pays dividends around 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 Rand Mining dividend safe?
The safety of Rand Mining'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 Rand Mining'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 Rand Mining'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.