Lundin Mining is a dividend paying company with a current yield of 2.16%. Next payment date is on 19th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
2.2%
Dividend yield
194%
Payout ratio
Industry average yield
3.7%
Next dividend pay date
19 Jun 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
€0.14
Dividend yield forecast in 3Y
2.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GXD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GXD's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Lundin Mining Dividend Yield vs Market
How does GXD dividend yield compare to the market?
Segment
Dividend Yield
Company (GXD)
2.2%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Metals and Mining)
3.7%
Analyst forecast in 3 Years (GXD)
2.2%
Notable Dividend: GXD's dividend (2.16%) is higher than the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: GXD's dividend (2.16%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (193.6%), GXD's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (608.3%), GXD's dividend payments are not well covered by cash flows.