About African Energy Metals Inc. (NDENF) — Dividend Analysis 2026
African Energy Metals Inc., a natural resource company, engages in the acquisition, development, and exploration of mineral properties in the Democratic Republic of Congo (DRC). It explores for copper, cobalt, and lithium energy metals. The company holds 100% interests in six concessions covering an area of 176 square kms located in the southern DRC. It also holds interest in the Manono tin, tantalum, lithium project located in Tanganyika province, Manono district, southeast of the DRC. The company was formerly known as Central African Gold Inc. and changed its name to African Energy Metals Inc. in February 2022. African Energy Metals Inc. is based in Vancouver, Canada.
Is NDENF a good dividend investment in 2026?
NDENF offers a 1250.00% forward yield with a 50% payout ratio. Strand Safety Score: 60/100 (Moderate Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
NDENF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your NDENF portfolio grows to $2010655586.86M vs $1.26M without reinvestment. This is the compound interest effect in action.
NDENF dividend growth history & forecast
NDENF has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1250.00%.
Company generates negative FCF ($-344,871) — 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+0.0B → -0.0B → -0.0B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
60
/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.
🌍 NDENF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold NDENF.
Gross yield
1250.00%
Tax rate
15.00%
After-tax yield
1062.50%
Real yield (−CPI)
1059.70%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1250.00%
1247.20%
$125,000 / yr
🇺🇸 US Taxable (15%) ✓
15%
1062.50%
1059.70%
$106,250 / yr
🇺🇸 US Taxable (20%)
20%
1000.00%
997.20%
$100,000 / yr
🇬🇧 UK ISA
0%
1250.00%
1247.20%
$125,000 / yr
🇬🇧 UK Taxable
8.75%
1140.63%
1137.83%
$114,063 / yr
🇨🇦 TFSA
0%
1250.00%
1247.20%
$125,000 / yr
🇨🇦 CA Taxable
25%
937.50%
934.70%
$93,750 / yr
🇦🇺 Super (pension)
15%
1062.50%
1059.70%
$106,250 / yr
🇦🇺 AU Taxable
30%
875.00%
872.20%
$87,500 / yr
🇩🇪 DE Taxable
26.375%
920.31%
917.51%
$92,031 / yr
🇫🇷 FR Taxable
30%
875.00%
872.20%
$87,500 / 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.
🎯 NDENF Income Goal & Break-Even
Dividend Break-Even
1yr
Years for dividends to fully repay your NDENF investment of $0.16/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$450743648.38M
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$450743648.38M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in NDENF for:
Shares needed
14,118
Capital required
$2,259
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 NDENF Dividend Payment Schedule
NDENF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 NDENF vs S&P 500 Average Benchmarks
How NDENF 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▲+1247.00% vs sectorBetter
NDENF
1250.00%
avg
3.00%
5Y Dividend CAGR▼-5.50% vs sectorBelow avg
NDENF
0.00%
avg
5.50%
Payout Ratio▲-8.00% vs sectorBetter
NDENF
50.00%
avg
58.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for NDENF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ NDENF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
-417.62
🔴 Distress Zone — elevated dividend cut risk
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 NDENF 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 →