Overview Dividends

CMCL Dividend History & Analysis | 1.9% Yield

CMCL has a dividend yield of 1.9% and paid 0.56 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 1.92%
Payout Ratio 23.0%
Growth Rate CAGR 5y 2.87%
Consistency Lifetime 94.2%
Yield on Cost 5y 4.24%
Payout FCF 57.2%
Streak Years 13
Dividend Rating 51.42%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 231%
Total Return 5y: 120.9%

Top Dividend Payers in Gold

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
AUGO 2,998 M 2.77% 17.9%
AU 43,057 M 2.74% 12.5%
GFI 37,405 M 1.69% 10.0%
BVN 7,068 M 1.36% 4.13%
DRD 2,683 M 1.23% 4.37%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate (CAGR) Payout Consistency
BVN 7,068 M 81.6% 74.0%
AU 43,057 M 47.1% 69.5%
RGLD 18,662 M 10.7% 96.2%
GFI 37,405 M 21.4% 80.5%
HMY 12,223 M 20.0% 42.7%

Quality Dividend Peers in Gold

CMCL Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-11-21 2025-11-21 2025-12-05 Quarterly 0.14 0% N/A
2025-08-22 2025-08-22 2025-09-05 Quarterly 0.14 0% 0.52%
2025-05-23 2025-05-23 2025-06-06 Quarterly 0.14 0% 0.57%
2025-04-04 2025-04-04 2025-04-17 Quarterly 0.14 0% 0.83%
2024-11-22 2024-11-22 2024-12-06 Quarterly 0.14 0% 1.19%
2024-07-12 2024-07-12 2024-07-26 Quarterly 0.14 0% 1.26%
2024-04-11 2024-04-12 2024-04-26 Quarterly 0.14 0% 1.27%
2024-01-11 2024-01-12 2024-01-26 Quarterly 0.14 0% 1.28%
2023-10-12 2023-10-13 2023-10-27 Quarterly 0.14 0% 1.22%
2023-07-13 2023-07-14 2023-07-28 Quarterly 0.14 0% 1.34%
2023-04-13 2023-04-14 2023-04-28 Quarterly 0.14 0% 1.12%
2023-01-12 2023-01-13 2023-01-27 Quarterly 0.14 0% 0.81%
2022-10-13 2022-10-14 2022-10-28 Quarterly 0.14 0% 0.97%
2022-07-14 2022-07-15 2022-07-29 Quarterly 0.14 0% 1.46%
2022-04-18 2022-04-19 2022-04-29 Quarterly 0.14 0% 1.34%
2022-01-13 2022-01-14 2022-01-28 Quarterly 0.14 0% 0.78%
2021-10-14 2021-10-15 2021-10-29 Quarterly 0.14 7.7% 1.15%
2021-07-15 2021-07-16 2021-07-30 Quarterly 0.13 8.3% 0.99%
2021-04-15 2021-04-16 2021-04-30 Quarterly 0.12 9.1% 0.96%
2021-01-14 2021-01-15 2021-01-29 Quarterly 0.11 10% 0.8%
2020-10-15 2020-10-16 2020-10-30 Quarterly 0.1 17.6% 0.61%
2020-07-16 2020-07-17 2020-07-31 Quarterly 0.085 13.3% N/A
2020-05-14 2020-05-15 2020-05-29 Quarterly 0.075 0% N/A
2020-01-16 2020-01-17 2020-01-31 Quarterly 0.075 9.1% N/A
2019-10-10 2019-10-11 2019-10-25 Quarterly 0.0688 0% N/A
2019-07-11 2019-07-12 2019-07-26 Quarterly 0.0688 0% N/A
2019-04-11 2019-04-12 2019-04-26 Quarterly 0.0688 0% N/A
2019-01-10 2019-01-11 2019-01-25 Quarterly 0.0688 0% N/A
2018-10-11 2018-10-12 2018-10-26 Quarterly 0.0688 -0.2% N/A
2018-07-12 2018-07-13 2018-07-27 Quarterly 0.0689 0.2% N/A
2018-04-12 2018-04-13 2018-04-27 Quarterly 0.0688 0.1% N/A
2018-01-12 2018-01-13 2018-01-26 Quarterly 0.0687 -0.1% N/A
2017-10-12 2017-10-13 2017-10-27 Quarterly 0.0688 1.1% N/A
2017-07-13 2017-07-14 2017-07-28 Quarterly 0.068 394.5% N/A
2017-04-13 2017-04-18 2017-04-28 Quarterly 0.0138 0% N/A
2017-01-11 2017-01-13 2017-01-27 Quarterly 0.0138 0% N/A
2016-10-12 2016-10-14 2016-10-28 Quarterly 0.0138 0% N/A
2016-07-13 2016-07-15 2016-07-29 Quarterly 0.0138 22.8% N/A
2016-04-14 2016-04-15 2016-04-29 Quarterly 0.0112 -0.4% N/A
2016-01-13 2016-01-15 2016-01-29 Quarterly 0.0113 -2.2% N/A
2015-10-14 2015-10-16 2015-10-30 Quarterly 0.0115 -1.1% N/A
2015-07-15 2015-07-17 2015-07-31 Quarterly 0.0116 287.7% N/A
2015-04-16 0.003 -75.2% N/A
2015-04-15 2015-04-17 2015-04-30 Quarterly 0.0121 303% N/A
2015-01-15 0.003 -76.1% N/A
2015-01-14 2015-01-16 2015-01-30 Quarterly 0.0125 -5.3% N/A
2014-10-15 2014-10-17 2014-10-31 Quarterly 0.0132 -5.4% N/A
2014-07-16 2014-07-18 2014-07-31 Quarterly 0.014 2.6% N/A
2014-04-17 2014-04-22 2014-04-30 Quarterly 0.0137 -0.4% N/A
2014-01-17 2014-01-22 2014-01-31 Quarterly 0.0137 0% N/A

CMCL Dividend FAQ

Caledonia Mining Corporation Plc (CMCL) is a Jersey-incorporated gold producer that operates the Blanket Mine in Zimbabwe, where it holds a 64 % working interest, and pursues additional exploration through 100 % owned projects such as Maligreen, Bilboes and Motapa in the country’s Midlands and southern regions.

What is the Dividend Yield of CMCL?

As of January 2026, CMCL`s dividend yield is 1.92%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.56 USD by the current share price of 29.18.

Does CMCL pay a dividend?

As of January 2026, CMCL paid a dividend of 0.56 USD in the last 12 months. The last dividend was paid on 2025-11-21 and the payout was 0.14 USD.

How often does CMCL pay dividends?

CMCL pays dividends quarterly. Over the last 12 months, CMCL has issued 4 dividend payments. The last dividend payment was made on 2025-11-21.

CMCL dividend forecast

Based on historical data, the forecasted dividends per share for CMCL for the next 4 payments are between 0.166 (+18.6%) and 0.176 (+25.7%).
This represents a strong dividend growth compared to the last payment.

Will CMCL pay dividends in 2026?

The latest dividend paid per share was 0.14 USD with an Ex-Dividend Date of 2025-11-21. The next Ex-Dividend date for Caledonia Mining (CMCL) is currently unknown.

What is the next Ex-Dividend Date for CMCL?

The next Ex-Dividend date for Caledonia Mining (CMCL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CMCL?

CMCL's average dividend growth rate over the past 5 years is 2.87% per year.
Strong growth: CMCL's Dividend growth is outpacing inflation.

What is the Yield on Cost of CMCL?

CMCL's 5-Year Yield on Cost is 4.24%. If you bought CMCL's shares at 13.21 USD five years ago, your current annual dividend income (0.56 USD per share, trailing 12 months) equals 4.24% of your original purchase price.

What is the Payout Consistency of CMCL?

CMCL Payout Consistency is 94.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Caledonia Mining has a strong track record of consistent dividend payments over its lifetime.

Does CMCL have a good Dividend Yield?

CMCL`s 1.92% Dividend Yield is considered as low. This is usually a sign of a growth company.

What is the Dividend Payout Ratio of CMCL?

The Dividend Payout Ratio of CMCL is 23.0%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of CMCL?

CMCL`s Overall Dividend Rating is 51.42%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CMCL Outstanding Shares Analysis

What is the Trend in CMCL's Outstanding Shares?

Caledonia Mining's outstanding shares have increased by approximately 1.72% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has CMCL ever had a Stock Split?

Yes, the last stock split was on Jun 27, 2017 with a ratio of 1:5.

This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

Year Number of Shares Annual Growth Rate
1988 123,400
1989 123,400
1990 123,400
1991 123,400
1992 200,000 +62.07%
1993 266,700 +33.35%
1994 320,000 +19.99%
1995 552,900 +72.78%
1996 588,900 +6.51%
1997 650,000 +10.38%
1998 700,000 +7.69%
1999 1,066,700 +52.39%
2000 2,964,000 +177.87%
2001 2,964,000
2002 4,084,600 +37.81%
2003 4,930,000 +20.7%
2004 6,560,000 +33.06%
2005 6,430,000 -1.98%
2006 9,230,000 +43.55%
2007 9,760,000 +5.74%
2008 10,000,000 +2.46%
2009 10,000,000
2010 10,000,000
2011 10,020,000 +0.2%
2012 10,310,000 +2.89%
2013 10,423,100 +1.1%
2014 10,420,000 -0.03%
2015 10,415,800 -0.04%
2016 10,557,500 +1.36%
2017 10,993,200 +4.13%
2018 11,091,600 +0.9%
2019 9,965,100 -10.16%
2020 12,439,300 +24.83%
2021 12,678,700 +1.92%
2022 12,833,100 +1.22%
2023 18,678,000 +45.55%
2024 19,269,000 +3.16%
2025 19,327,400 +0.3%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2025-12-29 02:16