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Lundin Mining (TSX:LUN) 5-Year Dividend Growth Rate : 34.20% (As of Dec. 2023)


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What is Lundin Mining 5-Year Dividend Growth Rate?

Lundin Mining's Dividends per Share for the three months ended in Dec. 2023 was C$0.09.

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. 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.

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.

Lundin Mining's Dividend Payout Ratio for the three months ended in Dec. 2023 was 2.87. As of today, Lundin Mining's Dividend Yield % is 2.22%.

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.

Warning Sign:

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

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


Competitive Comparison of Lundin Mining's 5-Year Dividend Growth Rate

For the Copper subindustry, Lundin Mining's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Lundin Mining's 5-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lundin Mining's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Lundin Mining's 5-Year Dividend Growth Rate falls into.



Lundin Mining 5-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 least square regression.

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.


Lundin Mining  (TSX:LUN) 5-Year Dividend Growth Rate Explanation

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

Lundin Mining'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 )
=0.089/ 0.031
=2.87

During the past 13 years, the highest Dividend Payout Ratio of Lundin Mining was 1.22. The lowest was 0.18. And the median was 0.37.

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.

2. 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:CAD 1.000000
CAD 0.0902023-11-302023-12-012023-12-13Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0902023-08-312023-09-012023-09-13Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0902023-06-012023-06-022023-06-21Cash DividendquarterlyCAD:CAD 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.36/16.23
=2.22 %

Current Share Price is C$16.23.
Lundin Mining's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.36.

During the past 13 years, the highest Dividend Yield of Lundin Mining was 7.36%. The lowest was 0.38%. And the median was 1.93%.

Warning Sign:

Lundin Mining Corp 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.


Lundin Mining 5-Year Dividend Growth Rate Related Terms

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Lundin Mining (TSX:LUN) 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 (TSX:LUN) Headlines

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