Kinross Gold Dividends and Buybacks
Dividend criteria checks 3/6
Kinross Gold is a dividend paying company with a current yield of 1.22% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 27th November, 2024.
Key information
1.2%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 14.6% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 27 Nov 24 |
| Dividend per share | AR$0.120 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, KGC has been paying a dividend for less than 10 years.
Growing Dividend: KGC has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Kinross Gold Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KGC) | 1.2% |
| Market Bottom 25% (AR) | 0.6% |
| Market Top 25% (AR) | 2.9% |
| Industry Average (Metals and Mining) | 7.5% |
| Analyst forecast (KGC) (up to 3 years) | 1.2% |
Notable Dividend: KGC's dividend (1.22%) is higher than the bottom 25% of dividend payers in the AR market (0.57%).
High Dividend: KGC's dividend (1.22%) is low compared to the top 25% of dividend payers in the AR market (2.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), KGC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.3%), KGC's dividend payments are well covered by cash flows.