Lundin Mining Dividend
Dividend criteria checks 2/6
Lundin Mining is a dividend paying company with a current yield of 2.85%. Next payment date is on 11th September, 2024 with an ex-dividend date of 30th August, 2024.
Key information
2.8%
Dividend yield
121%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 11 Sep 24 |
| Ex dividend date | 30 Aug 24 |
| Dividend per share | CA$0.360 |
| Earnings per share | CA$0.22 |
| Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
Aug 09
Lundin Mining's (TSE:LUN) Dividend Will Be $0.09
Nov 06Recent updates
Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
Aug 09Lundin Mining Corporation Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next
Aug 01Is Lundin Mining (TSE:LUN) Using Too Much Debt?
Jul 11Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Jan 19Pinning Down Lundin Mining Corporation's (TSE:LUN) P/E Is Difficult Right Now
Jan 01We Think That There Are More Issues For Lundin Mining (TSE:LUN) Than Just Sluggish Earnings
Nov 08Lundin Mining's (TSE:LUN) Dividend Will Be $0.09
Nov 06These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively
Sep 19Lundin Mining (TSE:LUN) Is Due To Pay A Dividend Of $0.09
Aug 28Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
Aug 08Is Lundin Mining (TSE:LUN) A Risky Investment?
Jun 14Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
May 23Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09
May 09These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively
Mar 13Lundin Mining Corporation (TSE:LUN) Shares Could Be 31% Below Their Intrinsic Value Estimate
Feb 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LUN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LUN's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Lundin Mining Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LUN) | 2.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Metals and Mining) | 1.8% |
| Analyst forecast in 3 Years (LUN) | 3.0% |
Notable Dividend: LUN's dividend (2.85%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: LUN's dividend (2.85%) is low compared to the top 25% of dividend payers in the Canadian market (6.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (121.1%), LUN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.3%), LUN's dividend payments are covered by cash flows.