Dividend Growth of Randgold Resources Limited(GOLD)

Randgold Resources Limited(GOLD) is having a Dividend Yield of 1.39% with the Annual cash Dividend per share of $1.28. Randgold Resources Limited has a 5 year average dividend yield of 0.93% and the stock has a Indicated annual dividend of $1.28. Randgold Resources Limited(GOLD) formally announced its most recent dividend on March 15, 2016 with a Dividend per share of $0.64. The new indicated annual dividend based on announced dividend per share is $1.28. The dividend yield based on the forward looking indicated annual dividend is 1.39%. Randgold Resources Limited(GOLD) has the most recent dividend payout ratio of 0.49 with a 5-year average payout ratio of 0.31. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.18. The 5 year historical dividend growth of Randgold Resources Limited(GOLD) is at the rate of 43.74% while the R-Squared dividend growth is 0.82. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Randgold Resources Limited (NASDAQ:GOLD) witnessed a decline in the market cap on Thursday as its shares dropped 0.78% or 0.72 points. After the session commenced at $92.2, the stock reached the higher end at $92.48 while it hit a low of $91.35. With the volume soaring to 838,133 shares, the last trade was called at $91.7. The company has a 52-week high of $126.55. The company has a market cap of $8,597 million and there are 93,752,078 shares in outstanding. The 52-week low of the share price is $67.54. Randgold Resources Limited has dropped 1.27% in the last five trading days, however, the shares have posted positive gains of 11.3% in the last 4 weeks. Randgold Resources Limited is up 22.74% in the last 3-month period. Year-to-Date the stock performance stands at 20.12%.

Institutional Investors own 38.52% of Randgold Resources Limited shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Randgold Resources Ltd. (ADR) was Downgraded by Credit Suisse to Neutral on Jan 31, 2017. Randgold Resources Ltd. (ADR) was Upgraded by Berenberg to Buy on Jan 13, 2017. Randgold Resources Ltd. (ADR) was Upgraded by Morgan Stanley to Overweight on Dec 1, 2016. Randgold Resources Ltd. (ADR) was Upgraded by Citigroup to Neutral on Nov 22, 2016.

Randgold Resources is an international gold mining and exploration business. It has to date discovered the 7 Moz Morila deposit in southern Mali, the plus 5 Moz Yalea deposit in western Mali and the 3 Moz Tongon deposit in the Cote dIvoire. The Company successfully developed the Morila deposit into one of the worlds largest and highest-margin gold mines. In addition, Randgold Resources has a portfolio of prospective exploration projects across Africa in Mali, Cote dIvoire, Senegal, Burkina Faso, Ghana and Tanzania.

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