About Mineral Resources Limited (MALRY) — Dividend Analysis 2026
Mineral Resources Limited, together with subsidiaries, operates as a mining services and processing company in Australia, China, and Singapore. It operates through three segments: Mining Services, Commodities, and Central. The company offers contract crushing, screening, processing, and specialist mining services; mine services, including materials handling, plant and equipment hire, plant and equipment maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector. It also manages the processing, production, logistics, ship loading, marketing, and export of resource commodities on behalf of tenement owners; and provides specialist parts to the mining, quarrying, and recycling industries. In addition, the company has a portfolio of iron ore assets; and owns interests in the Mount Marion and Wodgina lithium projects located in Western Australia. The company was founded in 1993 and is based in Osborne Park, Australia.
Is MALRY a good dividend investment in 2026?
MALRY offers a 1.55% forward yield with a 50% payout ratio. Strand Safety Score: 30/100 (High Risk). The 5-year dividend CAGR of -50% is modest — investors should weigh current income against growth alternatives.
MALRY DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your MALRY portfolio grows to $10.29M vs $10.24M without reinvestment. This is the compound interest effect in action.
MALRY dividend growth history & forecast
MALRY has grown its dividend by 0% over the last year and -50% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1.55%.
Company generates negative FCF ($-2.6B) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum-0.9B → +0.1B → +0.2B
0 / 30 pts
0/30
Company is reporting net losses — dividend sustainability is in question
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
30
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 MALRY Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold MALRY.
Gross yield
1.55%
Tax rate
15.00%
After-tax yield
1.32%
Real yield (−CPI)
-1.48%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1.55%
-1.25%
$155 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.32%
-1.48%
$132 / yr
🇺🇸 US Taxable (20%)
20%
1.24%
-1.56%
$124 / yr
🇬🇧 UK ISA
0%
1.55%
-1.25%
$155 / yr
🇬🇧 UK Taxable
8.75%
1.41%
-1.39%
$141 / yr
🇨🇦 TFSA
0%
1.55%
-1.25%
$155 / yr
🇨🇦 CA Taxable
25%
1.16%
-1.64%
$116 / yr
🇦🇺 Super (pension)
15%
1.32%
-1.48%
$132 / yr
🇦🇺 AU Taxable
30%
1.08%
-1.71%
$109 / yr
🇩🇪 DE Taxable
26.375%
1.14%
-1.66%
$114 / yr
🇫🇷 FR Taxable
30%
1.08%
-1.71%
$109 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 MALRY Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your MALRY investment of $37.48/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$131.66
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-2340.64
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in MALRY for:
Shares needed
48,682
Capital required
$1,824,601
Monthly income
$2,000
Based on current dividend of $0.58/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 MALRY Dividend Payment Schedule
MALRY pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$1.23 / payment
$4.93 / year after tax
100 shares
$12.32 / payment
$49.30 / year after tax
1,000 shares
$123.25 / payment
$493.00 / year after tax
📊 MALRY vs S&P 500 Average Benchmarks
How MALRY compares to typical S&P 500 Average averages. (Sector "Basic Materials" not matched — using S&P 500 average)
Benchmark: S&P 500 Average
Dividend Yield▼-1.45% vs sectorBelow avg
MALRY
1.55%
avg
3.00%
5Y Dividend CAGR▼-55.50% vs sectorBelow avg
MALRY
-50.00%
avg
5.50%
Payout Ratio▲-8.00% vs sectorBetter
MALRY
50.00%
avg
58.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for MALRY sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ MALRY Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
2.01
⚠️ Grey Zone — monitor closely
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
3/9
🔴 Weak fundamentals — dividend safety concern
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the MALRY dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →