Kinross Gold Dividend
Dividend criteria checks 2/6
Kinross Gold is a dividend paying company with a current yield of 1.28% that is well covered by earnings. Next payment date is on 6th September, 2024 with an ex-dividend date of 22nd August, 2024.
Key information
1.3%
Dividend yield
30%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 06 Sep 24 |
| Ex dividend date | 22 Aug 24 |
| Dividend per share | CHF 0.120 |
| Earnings per share | CHF 0.40 |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, KG has been paying a dividend for less than 10 years.
Growing Dividend: KG has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Kinross Gold Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KG) | 1.3% |
| Market Bottom 25% (CH) | 1.9% |
| Market Top 25% (CH) | 4.3% |
| Industry Average (Metals and Mining) | 4.3% |
| Analyst forecast in 3 Years (KG) | 1.3% |
Notable Dividend: KG's dividend (1.28%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.88%).
High Dividend: KG's dividend (1.28%) is low compared to the top 25% of dividend payers in the Swiss market (4.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), KG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.1%), KG's dividend payments are well covered by cash flows.