GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (OTCPK:LUNMF) » Definitions » Dividend Yield %

Lundin Mining (Lundin Mining) Dividend Yield % : 2.34% (As of Apr. 25, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Lundin Mining Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Lundin Mining is 2.34%.

Warning Sign:

Lundin Mining Corp stock dividend yield is close to 2-year low.

The historical rank and industry rank for Lundin Mining's Dividend Yield % or its related term are showing as below:

LUNMF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.38   Med: 1.92   Max: 7.36
Current: 2.34

During the past 13 years, the highest Dividend Yield of Lundin Mining was 7.36%. The lowest was 0.38%. And the median was 1.92%.

LUNMF's Dividend Yield % is ranked better than
50.16% of 307 companies
in the Metals & Mining industry
Industry Median: 2.36 vs LUNMF: 2.34

Lundin Mining's Dividend Payout Ratio for the three months ended in Dec. 2023 was 2.87.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Lundin Mining Corp is 1.22, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Lundin Mining was 1.23. The lowest was 0.18. And the median was 0.37.

As of today (2024-04-25), the Forward Dividend Yield % of Lundin Mining is 2.32%.

Lundin Mining's Dividends per Share for the three months ended in Dec. 2023 was $0.07.

During the past 12 months, Lundin Mining's average Dividends Per Share Growth Rate was -28.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 34.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lundin Mining was 61.60% per year. The lowest was 9.10% per year. And the median was 33.95% per year.

The growth rate is calculated with least square regression.

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


Lundin Mining Dividend Yield % Historical Data

The historical data trend for Lundin Mining's Dividend Yield % 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.

* Premium members only.

Lundin Mining Dividend Yield % Chart

Lundin Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.35 3.04 5.81 3.26

Lundin Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 5.81 3.97 3.44 3.57 3.26

Competitive Comparison of Lundin Mining's Dividend Yield %

For the Copper subindustry, Lundin Mining's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Lundin Mining's Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lundin Mining's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lundin Mining's Dividend Yield % falls into.



Lundin Mining Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Lundin Mining Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0902024-03-212024-03-222024-04-10Cash DividendquarterlyCAD:USD 0.738242
CAD 0.0902023-11-302023-12-012023-12-13Cash DividendquarterlyCAD:USD 0.735998
CAD 0.0902023-08-312023-09-012023-09-13Cash DividendquarterlyCAD:USD 0.738607
CAD 0.0902023-06-012023-06-022023-06-21Cash DividendquarterlyCAD:USD 0.755744

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lundin Mining's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.26717319/11.43
=2.34 %

Current Share Price is $11.43.
Lundin Mining's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.26717319.

Lundin Mining's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.26576712/11.43
=2.33 %

Current Share Price is $11.43.
Lundin Mining's Dividends per Share for the forward twelve months is calculated as $0.06644178 * 4 = $0.26576712.

* 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.


Lundin Mining  (OTCPK:LUNMF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lundin Mining Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Lundin Mining's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lundin Mining (Lundin Mining) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (Lundin Mining) Headlines

From GuruFocus

Add Shares of Lundin Mining Corp to Benefit From a Rising Commodity

By Alberto Abaterusso Alberto Abaterusso 12-31-2018

Third Avenue Management Comments on Lundin Mining

By Holly LaFon Holly LaFon 12-11-2015

Lundin Mining Fourth Quarter and Full Year Results

By GlobeNewswire GlobeNewswire 02-14-2019

Lundin Mining Announces Annual Meeting Voting Results

By GlobeNewswire GlobeNewswire 05-11-2018

Lundin Mining Announces Declaration of Dividend

By GlobeNewswire GlobeNewswire 02-14-2019

Lundin Mining Provides Operational Outlook & Update

By GlobeNewswire GlobeNewswire 11-28-2018

Lundin Mining Announces Declaration of Dividend

By GlobeNewswire GlobeNewswire 10-25-2018

Third Avenue Management's Largest Buys of the 1st Quarter

By Tiziano Frateschi Tiziano Frateschi 04-09-2018

Lundin Mining Posts Lower Quarterly Earnings

By Alberto Abaterusso Alberto Abaterusso 02-15-2019

Third Avenue Comments on Lundin Mining and Capstone Mining

By Sydnee Gatewood Sydnee Gatewood 07-29-2020