Lundin Gold Dividend
Dividend criteria checks 3/6
Lundin Gold is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
53%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | kr0.75 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LUG has been paying a dividend for less than 10 years.
Growing Dividend: LUG has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Lundin Gold Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LUG) | 2.9% |
Market Bottom 25% (SE) | 1.5% |
Market Top 25% (SE) | 4.3% |
Industry Average (Metals and Mining) | 4.0% |
Analyst forecast in 3 Years (LUG) | 3.0% |
Notable Dividend: LUG's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Swedish market (1.53%).
High Dividend: LUG's dividend (2.94%) is low compared to the top 25% of dividend payers in the Swedish market (4.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.8%), LUG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.3%), LUG's dividend payments are well covered by cash flows.