Centerra Gold (TSX:CG) Dividend Payout Ratio: 0.11 (As of Mar. 2026) — 68% Below Median


TSX:CG Centerra Gold Inc TSX:CG
91 GF Score
Price C$22.49
GF Value C$14.27
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Centerra Gold Dividend Payout Ratio?

Centerra Gold TSX:CG -1.88% 91 Dividend Payout Ratio is 0.11 as of Mar. 2026, which is 68% below its 10-year median of 0.34. GuruFocus rates TSX:CG with a GF Score™ of 91/100 and a GF Value™ of C$14.27 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 301 Metals & Mining companies, Centerra Gold ranks better than 76.74% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Centerra Gold's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.11.

The historical rank and industry rank for Centerra Gold's Dividend Payout Ratio or its related term are showing as below:

TSX:CG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.34   Max: 4.13
Current: 0.14


During the past 13 years, the highest Dividend Payout Ratio of Centerra Gold was 4.13. The lowest was 0.14. And the median was 0.34.

TSX:CG's Dividend Payout Ratio is ranked better than
76.74% of 301 companies
in the Metals & Mining industry
Industry Median: 0.27 vs TSX:CG: 0.14

As of today (2026-07-01), the Dividend Yield % of Centerra Gold is 1.24%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Centerra Gold was 5.04%. The lowest was 0.26%. And the median was 2.35%.

Centerra Gold's Dividends per Share for the months ended in Mar. 2026 was C$0.07.

During the past 12 months, Centerra Gold's average Dividends Per Share Growth Rate was -1.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Centerra Gold was 41.90% per year. The lowest was -9.00% per year. And the median was 12.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Centerra Gold (TSX:CG) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Centerra Gold Dividend Payout Ratio Related Terms


Centerra Gold Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Centerra Gold's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Centerra Gold Dividend Payout Ratio Chart

Centerra Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.00 4.13 0.29 0.18

Centerra Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.21 0.16 0.12 0.11

TSX:CG vs NEM, AU: Dividend Payout Ratio Comparison

For the Gold subindustry, Centerra Gold's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Centerra Gold Dividend Payout Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Centerra Gold's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Centerra Gold's Dividend Payout Ratio falls into.


TSX:CG
91GF Score
Centerra Gold Inc TSX:CG
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Centerra Gold Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Centerra Gold's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.277/ 1.531
=0.18

Centerra Gold's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.069/ 0.604
=0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.11 mean?
Centerra Gold (TSX:CG) has a Dividend Payout Ratio of 0.11 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Centerra Gold and its competitors. This is 68% below median its historical median of 0.34. Over the past decade, Centerra Gold's Dividend Payout Ratio has ranged from 0.14 to 4.13. According to the industry distribution chart, Centerra Gold ranks #70 out of 301 companies in the Metals & Mining industry, placing it in the top 23.3%.
Is Centerra Gold's Dividend Payout Ratio too high?
Centerra Gold's current Dividend Payout Ratio of 0.11 is 68% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 4.13. The Metals & Mining industry median Dividend Payout Ratio is 0.27. Centerra Gold's value of 0.11 is 59.3% below this industry median. Based on the distribution chart, Centerra Gold ranks #70 out of 301 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Centerra Gold has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centerra Gold's Dividend Payout Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Centerra Gold ranks #70 out of 301 companies for Dividend Payout Ratio. This places Centerra Gold in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.27. Centerra Gold's value of 0.11 is 59.3% below this benchmark. Historically, Centerra Gold's own Dividend Payout Ratio has ranged from 0.14 to 4.13 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.27, Centerra Gold has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Metals & Mining company?
The median Dividend Payout Ratio among Metals & Mining companies is 0.27, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Centerra Gold's current Dividend Payout Ratio of 0.11 is 59.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Centerra Gold and its competitors. For the Metals & Mining industry, the median Dividend Payout Ratio is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centerra Gold's current Dividend Payout Ratio is 0.11, which is 68% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerra Gold stock overvalued right now?
Based on GuruFocus' analysis, Centerra Gold (TSX:CG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.27, compared to a current price of C$22.49 — trading 57.6% above its estimated fair value. The current Dividend Payout Ratio is 0.11, which is 68% below median its 10-year median of 0.34 and 59.3% below the Metals & Mining industry median of 0.27. Centerra Gold's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Centerra Gold (TSX:CG), the current Dividend Payout Ratio is 0.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Centerra Gold (TSX:CG) Overvalued in 2026?

Based on GuruFocus' analysis, Centerra Gold stock appears to be overvalued. The current stock price of C$22.49 is trading 57.6% above its estimated GF Value™ of C$14.27. GuruFocus considers Centerra Gold to be Significantly Overvalued.

Key valuation signals for TSX:CG:

  • Dividend Payout Ratio: 0.11 (68% below median its 10-year median of 0.34)
  • GF Value™: C$14.27 vs. price of C$22.49 (57.6% above fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 59.3% below the Metals & Mining median (#70 of 301)

No single metric tells the full story. See the TSX:CG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Centerra Gold Business Description

Other Exchanges CGAU:USA0UP5:UKGOU:Germany
Address 1 University Avenue, Suite 1800, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc is principally focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets world-wide. The company reportable operating segments are Oksut; Mount Milligan; and Molybdenum. It derives maximum revenue from Mount Milligan segment. Geographically, it operates in Turkey, United States, and Canada.
91GF Score

Get the complete analysis for TSX:CG

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.49
Price
C$14.27
GF Value