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Noranda Income Fund Dividend
Dividend criteria checks 0/6
Key information
1.0%
Dividend yield
n/a
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.34 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NIF.UN is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: NIF.UN is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Noranda Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NIF.UN) | 1.0% |
| Market Bottom 25% (CA) | 2.0% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (NIF.UN) | n/a |
Notable Dividend: NIF.UN's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.05%).
High Dividend: NIF.UN's dividend (1%) is low compared to the top 25% of dividend payers in the Canadian market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NIF.UN is paying a dividend but the company has no free cash flows.