Caledonia Mining Corporation Plc
CMCLBasic Materials · Stock · quarterly payer
Forward Yield
3.30%
Annual Dividend
$0.56
Payout Ratio
18%
5-Yr Growth
10.8%
Ex-Date
May 22, 2026
Frequency
Quarterly
Summary
As of July 2026, Caledonia Mining Corporation Plc (CMCL) yields 3.30% ($0.56 per share annually), with a blended fair-value estimate of $17.07 — +1% upside, so it screens as fairly valued. Dividend safety grade: B (69/100).
Is CMCL a good dividend stock?
Yes, with caveatsCaledonia Mining Corporation Plc (CMCL) pays a quarterly dividend yielding 3.30% ($0.56/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (18%)
- Strong 10.8% 5-yr dividend growth
- 41% total price return over 5 years
Risks
- Cut its dividend in 2015
Key Data
- Dividend Yield
- 3.30%
- Payout Ratio
- 18%
- Annual Dividend
- $0.56
- 5-Yr Avg Growth
- 10.8%
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.65
- Market Cap
- $324.3M
- P/E Ratio
- 5.3
- 5-Yr Total Return
- 41%
- 52-Week Range
- $15.85 – $38.75
- Dividend Safety
- B · 69/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
CMCL Price — Last 12 Months
Daily close
Price Return
1 Year
-34%
3 Years
+64%
5 Years
+41%
52-Week Range
$15.85 – $38.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CMCL worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Caledonia Mining Corporation Plc is $17.07 per share, versus a market price of $16.98. That implies the stock is roughly fairly priced.
Fair Value
$17.07
Current Price
$16.98
Gap
+1%
Margin of Safety
1%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.5% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $3.18 EPS, $0.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CMCL Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 2, 2026 | — | $0.1400 | regular |
| May 23, 2025 | — | $0.1400 | regular |
| Apr 4, 2025 | — | $0.1400 | regular |
| Nov 22, 2024 | — | $0.1400 | regular |
| Jul 12, 2024 | — | $0.1400 | regular |
| Apr 11, 2024 | — | $0.1400 | regular |
| Jan 11, 2024 | — | $0.1400 | regular |
| Oct 12, 2023 | — | $0.1400 | regular |
| Jul 13, 2023 | — | $0.1400 | regular |
| Apr 13, 2023 | — | $0.1400 | regular |
| Jan 12, 2023 | — | $0.1400 | regular |
| Oct 13, 2022 | — | $0.1400 | regular |
| Jul 14, 2022 | — | $0.1400 | regular |
| Apr 18, 2022 | — | $0.1400 | regular |
Income Calculator
At $0.56 / yr per share
