Caledonia Mining (Caledonia Mining) Dividend Payout Ratio : 0.88 (As of Sep. 2023)

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What is Caledonia Mining Dividend Payout Ratio?

Caledonia Mining's dividend payout ratio for the months ended in Sep. 2023 was 0.88.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Caledonia Mining Corp PLC is 8.89, which seems too high.

The historical rank and industry rank for Caledonia Mining's Dividend Payout Ratio or its related term are showing as below:

CMCL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.31 Max: 8.89
Current: 8.89

During the past 13 years, the highest Dividend Payout Ratio of Caledonia Mining was 8.89. The lowest was 0.19. And the median was 0.31.

CMCL's Dividend Payout Ratio is ranked worse than
97.71% of 262 companies
in the Metals & Mining industry
Industry Median: 0.42 vs CMCL: 8.89

As of today (2024-04-27), the Dividend Yield % of Caledonia Mining is 5.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Caledonia Mining was 9.68%. The lowest was 1.04%. And the median was 4.18%.

Caledonia Mining's Dividends per Share for the months ended in Sep. 2023 was $0.14.

During the past 3 years, the average Dividends Per Share Growth Rate was 26.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Caledonia Mining was 26.80% per year. The lowest was 0.50% per year. And the median was 6.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Caledonia Mining Dividend Payout Ratio Historical Data

The historical data trend for Caledonia Mining's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caledonia Mining Dividend Payout Ratio Chart

Caledonia Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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0.28

0.24

0.19

0.30

0.34

Caledonia Mining Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.26	1.18	-	1.05	0.88

Competitive Comparison of Caledonia Mining's Dividend Payout Ratio

For the Gold subindustry, Caledonia Mining's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Caledonia Mining's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Caledonia Mining's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Caledonia Mining's Dividend Payout Ratio falls into.

Caledonia Mining Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Caledonia Mining's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.56	/	1.667
	=	0.34

Caledonia Mining's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.14	/	0.159
	=	0.88

Caledonia Mining (AMEX:CMCL) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Caledonia Mining Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Caledonia Mining's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Caledonia Mining (Caledonia Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Caledonia Mining Corp PLC (AMEX:CMCL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CMCL:UK 9CD1:Germany

Address

B006 Millais House, Castle Quay, Saint Helier, JEY, JE2 3NF

Website

https://www.caledoniamining.com

Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's geographical segment includes Zimbabwe and South Africa. Its operations are into Blanket Gold Mine located in the south-west of Zimbabwe. The majority of revenue is generated from the Zimbabwe segment.