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Agnico Eagle Mines (Agnico Eagle Mines) 3-Year Dividend Growth Rate

: 20.80% (As of Dec. 2023)
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Agnico Eagle Mines's Dividends per Share for the three months ended in Dec. 2023 was $0.40.

The historical rank and industry rank for Agnico Eagle Mines's 3-Year Dividend Growth Rate or its related term are showing as below:

AEM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -52.9   Med: 10.25   Max: 85.1
Current: 20.8

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.

AEM's 3-Year Dividend Growth Rate is ranked worse than
54.44% of 180 companies
in the Metals & Mining industry
Industry Median: 23.1 vs AEM: 20.80

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Agnico Eagle Mines's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.70. As of today, Agnico Eagle Mines's Dividend Yield % is 2.51%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Agnico Eagle Mines Ltd is 0.73, which seems too high.

Warning Sign:

Agnico Eagle Mines Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison

For the Gold subindustry, Agnico Eagle Mines's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's 3-Year Dividend Growth Rate falls into.



Agnico Eagle Mines 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Agnico Eagle Mines  (NYSE:AEM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Agnico Eagle Mines's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.4/ 0.57
=0.70

During the past 13 years, the highest Dividend Payout Ratio of Agnico Eagle Mines was 2.71. The lowest was 0.41. And the median was 0.64.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Agnico Eagle Mines Ltd is 0.73, which seems too high.

2. 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 Dividend Yield (%) for Today is calculated as

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.

During the past 13 years, the highest Dividend Yield of Agnico Eagle Mines was 3.67%. The lowest was 0.56%. And the median was 1.18%.

Warning Sign:

Agnico Eagle Mines Ltd stock dividend yield is close to 2-year low.

* 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 3-Year Dividend Growth Rate Related Terms>


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.