Lundin Mining Dividends and Buybacks
Dividend criteria checks 3/6
Lundin Mining is a dividend paying company with a current yield of 2.53% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 28th November, 2024.
Key information
2.5%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 12.9% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | SEK 0.360 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LUMI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LUMI'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 (LUMI) | 2.5% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.9% |
| Industry Average (Metals and Mining) | 4.7% |
| Analyst forecast (LUMI) (up to 3 years) | 2.7% |
Notable Dividend: LUMI's dividend (2.53%) is higher than the bottom 25% of dividend payers in the Swedish market (1.63%).
High Dividend: LUMI's dividend (2.53%) is low compared to the top 25% of dividend payers in the Swedish market (4.87%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.7%), LUMI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.2%), LUMI's dividend payments are covered by cash flows.