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Glencore, a multinational commodity trading and mining company, offers a dividend to its shareholders.
The company's dividend yield is around 4.5%, which is a relatively high yield compared to other companies in the same industry.
Glencore pays its dividend semi-annually, with the most recent payment being in July 2022.
The dividend payout ratio is around 30%, indicating that the company generates sufficient earnings to cover its dividend payments.
Dividend Criteria Checks
Glencore is a dividend paying company with a current yield of 2.99%. This means that for every dollar invested, you can expect to earn 2.99 cents in dividend payments.
Glencore has a long history of paying dividends, with 13 years of consecutive dividend payments. The company has also increased its dividend payout in the past, with a 21.55% growth in dividend payment over the previous year.
Here are some key dividend metrics for Glencore:
The company's dividend yield has been steadily increasing over the past 5 years, with a 8.37% average dividend yield over the past decade.
Key Information
The key information you need to know about Glencore's dividend. Let's break it down.
Glencore's dividend yield is a relatively high 2.8%. This means that for every dollar you invest, you can expect to earn around 2.8 cents in dividend payments.
The total shareholder yield is an impressive 5.8%. This is a combination of the dividend yield and the buyback yield, giving you a sense of the overall return on your investment.
Here's a breakdown of the key dividend metrics:
The dividend per share is R2.457, which is a decent amount of money for investors to receive.
Financial Performance
Glencore's financial performance has been a mixed bag over the years. The company's EPS (Earnings Per Share) has fluctuated, with a low of -0.03 in 2019 and a high of 0.4639 in 2026.
The dividend per share has also seen its share of ups and downs. In 2019, Glencore paid out a dividend of 0.2, but it was zero in 2020.
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Glencore's rate of return on investment has also been inconsistent, ranging from a low of 2.16% in 2023 to a high of 6.42% in 2019.
Here's a breakdown of Glencore's financial performance over the years:
The distribution rate has also fluctuated over the years, ranging from a low of -667% in 2019 to a high of 80.1% in 2024.
Dividend Metrics
Glencore's dividend metrics are a crucial aspect of evaluating its investment potential. The company has a current yield of 2.99%, which is relatively low compared to the top 25% of dividend payers in the ZA market, where the yield is 7.84%.
The company's dividend yield has been steadily increasing over the years, with a 5-year average of 8.37% and a 10-year average of 4.16%. However, the dividend yield can vary significantly depending on the market conditions, as seen in the comparison with the market bottom 25% (ZA) and top 25% (ZA).
Additional reading: Top 5 Dividend Etfs
Glencore's dividend safety is also an important consideration. The company has been paying dividends for 13 years and has not reduced the dividend in the last 3 years, indicating a high level of dividend continuity. The dividend growth has been impressive, with a 21.55% increase in the last year and a 5-year average of 14.76%.
Here's a summary of Glencore's dividend metrics:
The company's payout ratio is also worth noting, with a 1-year payout ratio of 125.70% and a 3-year payout ratio of 49.45%. This indicates that the company is distributing a significant portion of its earnings to shareholders.
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Shareholder Payout
Glencore's dividend payout is a crucial aspect of its shareholder payout strategy. The company has been paying a dividend, but it's worth noting that it's currently unprofitable.
The dividend payout ratio is relatively low at 29.7%, indicating that the company's dividend payments are well-covered by its cash flows. This is a positive sign for investors.
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Here's a breakdown of Glencore's payout history:
The payout amount has been consistent at $0.0282 per share for both 2026e and 2025e, indicating a stable dividend policy. In contrast, the 2024 payout was significantly higher at $0.2600, but then decreased to $0.1300.
The dividend yield is currently 10.04% based on the 2023 dividend payment of 0.35 GBP per share and a current stock price of 3.51 GBP.
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Frequently Asked Questions
Is Glencore a buy or sell?
Glencore is considered a Strong Buy by 10 Wall Street analysts, making it a potentially attractive investment opportunity. To learn more about investing in Glencore, see our exclusive account opening deals and Best Online Brokers page.
Sources
- https://simplywall.st/stocks/za/materials/jse-gln/glencore-shares/dividend
- https://www.marketscreener.com/quote/stock/GLENCORE-PLC-120793493/valuation-dividend/
- https://aktien.guide/dividende/Glencore-JE00B4T3BW64
- https://www.dividend.com/stocks/materials/metals-mining/base-metals/glncy-glencore-plc-adr/
- https://www.ajbell.co.uk/articles/latestnews/272494/top-news-glencore-cuts-dividend-profit-slips-amid-metal-price-fall
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