Upcoming Kenmare Resources dividend
Change(%)
-61.08%
Decrease
Next payment 0.15€
Next payment date Oct 11, 2024
Last payment 0.3854€
Last payment date May 17, 2024
00 D 00 H 00 M 00 S
Ex-Dividend: 9/19/24
Confirmed

Kenmare Resources will distribute 0,15 euros per share to its shareholders as dividends on October 11, 2024, with an attractive yield of 0.05%.

The September 19, 2024 is the ex-dividend date. So if you wish to receive Kenmare Resources dividends, you must buy one day before this date.

Kenmare Resources, whose ex-dividend date was April 11, 2024, delivered 0.3854 euros on May 17, 2024.

Kenmare Resources plc, listed on the UK and Irish stock exchanges, being recognized with the ticker symbol KMR, makes its first dividend payment at the end of 2019, continuing without suspensions to date.

The value of the amount has increased significantly since the first fiscal year of 2022, with regular fluctuations, being deposited in two installments, one in May and the other in October, reaching a yield of approximately 11%.

Payout Ratio Kenmare Resources Dividends

Kenmare Resources paid 6% of its net income in the last fiscal period as dividends.
Kenmare Resources's earnings (380,679,008.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of KMR.
Dividend payout ratio
Payout Ratio

Dividend calendar of Kenmare Resources

These are the most important events of the Kenmare Resources calendar in 2024:

Event Day
Last trading date September 18, 2024
Ex-Dividend (Ex-Date) September 19, 2024
Record date September 20, 2024
Date of payment October 11, 2024
Data confirmed by the company Kenmare Resources (KMR).
Confirmed
Source
Historical annual dividend yields of Kenmare Resources
Over the past 5 years, Kenmare Resources has steadily increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Kenmare Resources vs. the sector
Kenmare Resources's dividend yield (12.57%) is below the sector average (15.33%).
Comparison with industry average
Kenmare Resources's dividend yield is below the top 75% (15.33%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Kenmare Resources
In the last 5 years, Kenmare Resources's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Kenmare Resources

In this table you can see the complete history:

YearEx-DividendAmountTotal
2024
04/11/2024
38.540001 €
38.540001 €
2023
09/21/2023
04/13/2023
17.5 €
43.330002 €
60.830002 €
2022
09/22/2022
04/28/2022
10.98 €
25.42 €
36.4 €
2021
09/23/2021
04/15/2021
7.29 €
7.69 €
14.98 €
2020
09/24/2020
04/16/2020
2.31 €
5.52 €
7.83 €
2019
09/26/2019
2.66 €
2.66 €
Kenmare Resources dividend capture strategy
Step 1: Buy Kenmare Resources shares (KMR) one day before ex-dividend date
Date of purchase Sep 18, 2024
Next ex-dividend date Sep 19, 2024
Step 2: Sell Kenmare Resources shares (KMR) when the price recovers.
Date of sale (estimated) Sep 20, 2024
Average price recovery 1 days
Average return on cost 0.04%
The dividend capture strategy is based on historical Kenmare Resources data. Past performance is no guarantee of future results.

Information about Kenmare Resources

Full name Kenmare Resources plc
Ticker KMR
Sector Basic Materials
Industry Other Industrial Metals & Mining
Market Capitalization 291.33 €
ISIN IE00BDC5DG00
Number of Employees 1,687
Description of the company

Kenmare Resources plc, an Irish mining company, is considered one of the main producers of mineral sands in the world, operating the Mona mine, which contains the most important titanium deposits, making it the fourth largest producer of titanium-based raw materials.

It was founded in 1972, working in oil exploration as Kenmare Oil Exploration Limited, registering again in 1987 as Kenmare Resources plc, acquiring a 95% license to operate heavy mineral sands in Mozambique, in addition to which the company worked in the Ancuabe graphite mine until 1999.

In 2007 they began to extract ilmenite from the Moma mine, making their commercial production official in 2009. The following year one of the retaining walls of the ponds failed and generated a flood of non-toxic water in the nearby town, so they had to stop activities until they rebuilt 300 houses, revised the berm system and changed the designs of some of the engineering firms that advised them, resuming operations later.

The products it explores and markets are mainly extracted at the Moma mine, with titanium raw materials being the most important, basically through ilmenite and rutile, in addition to primary zircon and mineral sands, which are used as a base for the manufacture of pigments, used in the manufacture of paper, plastics, paint, inks, cosmetics, personal care creams, among others.

Frequently asked questions about Kenmare Resources dividends

Kenmare Resources pays dividends on a Semestral basis.

Kenmare Resources is listed on the Euronext Dublin and is part of the ISEQ 20.

Kenmare Resources has the Ticker or stock code KMR.

The CEO of Kenmare Resources in 2024 is Mr. Michael Carvill.

Kenmare Resources has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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