Gold Road Resources Dividend
Dividend criteria checks 2/6
Gold Road Resources is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
21%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.11 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELKM.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ELKM.F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Gold Road Resources Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ELKM.F) | 1.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Metals and Mining) | 2.1% |
Analyst forecast in 3 Years (ELKM.F) | 2.2% |
Notable Dividend: ELKM.F's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: ELKM.F's dividend (1.33%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), ELKM.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.6%), ELKM.F's dividend payments are well covered by cash flows.