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Agnico Eagle Mines (Agnico Eagle Mines) Forward Dividend Yield %

: 2.51% (As of Today)
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As of today (2024-04-20), the Forward Annual Dividend Yield of Agnico Eagle Mines is 2.51%.

As of today (2024-04-20), the Trailing Annual Dividend Yield of Agnico Eagle Mines is 2.51%.

AEM's Forward Dividend Yield % is ranked better than
52.19% of 297 companies
in the Metals & Mining industry
Industry Median: 2.37 vs AEM: 2.51

Agnico Eagle Mines's Dividends per Share for the three months ended in Dec. 2023 was $0.40.

During the past 12 months, Agnico Eagle Mines's average Dividends Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 33.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Agnico Eagle Mines was 85.10% per year. The lowest was -52.90% per year. And the median was 10.25% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Gold subindustry, Agnico Eagle Mines's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Agnico Eagle Mines Forward Dividend Yield % Distribution

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

* The bar in red indicates where Agnico Eagle Mines's Forward Dividend Yield % falls into.



Agnico Eagle Mines Forward Dividend Yield % Calculation

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

Agnico Eagle Mines Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4002024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4002023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* 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.

Agnico Eagle Mines's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.6/63.84
=2.51 %

Current Share Price is $63.84.
Agnico Eagle Mines's Dividends per Share for the forward twelve months is calculated as $0.4 * 4 = $1.6.

Agnico Eagle Mines's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.6/63.84
=2.51 %

Current Share Price is $63.84.
Agnico Eagle Mines's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.6.

* 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.


Agnico Eagle Mines  (NYSE:AEM) Forward 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.


Agnico Eagle Mines Forward Dividend Yield % Related Terms

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Agnico Eagle Mines (Agnico Eagle Mines) Business Description

Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.