Newcrest Mining Limited
TSX:NCM Stock Report
Newcrest Mining Dividends and Buybacks
Dividend criteria checks 3/6
Newcrest Mining is a dividend paying company with a current yield of 2.33% that is well covered by earnings.
Key information
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 15.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 40% |
Recent dividend and buyback updates
Stability and Growth of Payments
Stable Dividend: NCM's dividend payments have been volatile in the past 10 years.
Growing Dividend: NCM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Newcrest Mining Dividend Yield vs Market |
|---|
How does NCM dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (NCM) | 2.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Metals and Mining) | 1.8% |
| Analyst forecast (NCM) (up to 3 years) | 3.1% |
Notable Dividend: NCM's dividend (2.33%) is higher than the bottom 25% of dividend payers in the Canadian market (2.06%).
High Dividend: NCM's dividend (2.33%) is low compared to the top 25% of dividend payers in the Canadian market (6.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.2%), NCM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.4%), NCM's dividend payments are not well covered by cash flows.
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