The basic materials sector includes thirteen industries all related to mining, making and delivering essential commodities. The basic material industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; paper; silver; specialty chemicals; steel.
Today I’m reviewing an industrial metals and minerals company, South32 Limited. It’s trading ticker symbol is SOUHY.
South32 Ltd is a mining company. It has a portfolio of assets producing alumina, coal, manganese, nickel, silver, lead and zinc. Its business activity is in Australia, South America, and South Africa.
It also exports its products.
The company was formerly known as BHP Coal Holdings Pty Limited and changed its name to South32 Limited in March 2015.
South32 Limited was incorporated in 2000 and is headquartered in Perth, Australia.
Three key datasets measure dividend equities or funds like South32 Limited:
(1) Price
(2) Dividends
(3) Returns
Beside those three, four more keys will unlock an equity or fund in which to invest.
Those first three primary key sets, however, best tell whether a company has made, is making, and will make money.
SOUHY Price
South32 Limited’s price at yesterday’s (Wednesday) market close was $12.82 per share. A year ago its price was $9.90. Indeed, it gained $2.92 per share in the past year.
Assuming South32 Limited price trends up $2.92 this coming year its value will increase from $12.82 to $15.74, or about 23%.
SOUHY Dividends
South32 Limited’s most recent annualized dividend was $0.50 paid semi-annually in April, and October.
The annual dividend for 2018 is estimated at $0.69 payable semi-annually beginning in April.
The yield from that $0.69 annual dividend was 5.3% at Wednesday’s $12.82 price.
Gains For SOUHY?
Adding the $0.59 dividend to the hypothetical $2.92 estimated year over year price gain shows a potential $3.51 gross gain for the coming year.
