Lundin Mining Dividends and Buybacks
Dividend criteria checks 3/6
Lundin Mining is a dividend paying company with a current yield of 2.61% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
2.6%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 13.0% |
| Next dividend pay date | 11 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | SEK 0.360 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LUMIS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LUMIS'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 (LUMIS) | 2.6% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Metals and Mining) | 4.6% |
| Analyst forecast (LUMIS) (up to 3 years) | 2.8% |
Notable Dividend: LUMIS's dividend (2.61%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: LUMIS's dividend (2.61%) is low compared to the top 25% of dividend payers in the UK market (5.83%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.7%), LUMIS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.2%), LUMIS's dividend payments are covered by cash flows.