Lundin Gold Dividend
Dividend criteria checks 3/6
Lundin Gold is a dividend paying company with a current yield of 2.1% that is well covered by earnings. Next payment date is on 25th September, 2024 with an ex-dividend date of 10th September, 2024.
Key information
2.1%
Dividend yield
42%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 25 Sep 24 |
| Ex dividend date | 10 Sep 24 |
| Dividend per share | CA$0.550 |
| Earnings per share | CA$0.94 |
| Dividend yield forecast | 4.2% |
Recent dividend updates
Recent updates
A Look At The Fair Value Of Lundin Gold Inc. (TSE:LUG)
Sep 09
Lundin 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 10Estimating The Fair Value Of Lundin Gold Inc. (TSE:LUG)
Feb 20Is Lundin Gold (TSE:LUG) A Risky Investment?
Feb 06Lundin Gold (TSE:LUG) Is Investing Its Capital With Increasing Efficiency
Jan 04Stability 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 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Lundin Gold Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LUG) | 2.1% |
| 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) | 4.2% |
Notable Dividend: LUG's dividend (2.1%) is higher than the bottom 25% of dividend payers in the Canadian market (1.79%).
High Dividend: LUG's dividend (2.1%) is low compared to the top 25% of dividend payers in the Canadian market (6.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.1%), LUG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.4%), LUG's dividend payments are well covered by cash flows.