Lundin Gold Dividends and Buybacks
Dividend criteria checks 3/6
Lundin Gold is a dividend paying company with a current yield of 3.46% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
3.5%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -24.0% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | CA$1.111 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality
Nov 15
Why Investors Shouldn't Be Surprised By Lundin Gold Inc.'s (TSE:LUG) P/E
Nov 07Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Sep 23A Look At The Fair Value Of Lundin Gold Inc. (TSE:LUG)
Sep 09Lundin Gold (TSE:LUG) Has Announced That It Will Be Increasing Its Dividend To $0.20
Aug 12Lundin Gold Inc. (TSE:LUG) Not Flying Under The Radar
Aug 09The Trend Of High Returns At Lundin Gold (TSE:LUG) Has Us Very Interested
Jul 25Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Jun 10Analyst Estimates: Here's What Brokers Think Of Lundin Gold Inc. (TSE:LUG) After Its First-Quarter Report
May 12A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
May 03Shareholders Would Enjoy A Repeat Of Lundin Gold's (TSE:LUG) Recent Growth In Returns
Apr 21Does Lundin Gold (TSE:LUG) Deserve A Spot On Your Watchlist?
Mar 25Lundin Gold (TSE:LUG) Has Announced A Dividend Of $0.1348
Feb 29Lundin Gold (TSE:LUG) Seems To Use Debt Rather Sparingly
Feb 22Investors Interested In Lundin Gold Inc.'s (TSE:LUG) Earnings
Jan 25Estimating The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
Dec 13We Like Lundin Gold's (TSE:LUG) Returns And Here's How They're Trending
Nov 29Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Sep 04Why We Like The Returns At Lundin Gold (TSE:LUG)
Aug 15A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
Jun 20Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
May 24Investors Shouldn't Overlook Lundin Gold's (TSE:LUG) Impressive Returns On Capital
May 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LUG has been paying a dividend for less than 10 years.
Growing Dividend: LUG's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Lundin Gold Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LUG) | 3.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Metals and Mining) | 1.8% |
| Analyst forecast (LUG) (up to 3 years) | 3.4% |
Notable Dividend: LUG's dividend (3.46%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: LUG's dividend (3.46%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.8%), LUG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.1%), LUG's dividend payments are well covered by cash flows.