Lundin Mining (TSX:LUN) Dividend Payout Ratio

: 2.87 (As of Dec. 2023)

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Lundin Mining's dividend payout ratio for the 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.

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

TSX:LUN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.37 Max: 1.22
Current: 1.22

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.

TSX:LUN's Dividend Payout Ratio is ranked worse than
88.59% of 263 companies
in the Metals & Mining industry
Industry Median: 0.42 vs TSX:LUN: 1.22

As of today (2024-04-19), the Dividend Yield % of Lundin Mining is 2.24%.

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

Lundin Mining's Dividends per Share for the 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.

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 Payout Ratio Historical Data

The historical data trend for Lundin Mining'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.

* Premium members only.

Lundin Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.37

0.49

0.23

0.94

1.21

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 Payout Ratio																0.62	0.47	1.49	8.18	2.87

Competitive Comparison

For the Copper subindustry, Lundin Mining'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.

Lundin Mining Dividend Payout Ratio Distribution

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

* The bar in red indicates where Lundin Mining's Dividend Payout Ratio falls into.

Lundin Mining Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Lundin Mining's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.356	/	0.295
	=	1.21

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

Lundin Mining (TSX:LUN) Dividend Payout Ratio Explanation

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.

Lundin Mining Dividend Payout Ratio Related Terms

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

Lundin Mining (TSX:LUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (TSX:LUN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LUNMF:USA LUMI:Sweden LUMIs:UK 0RQ9:UK GXD:Germany

Address

150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9

Website

https://www.lundinmining.com

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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