Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. It operates through Northern Business and Southern Business segments. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the company's LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold. It is also involved in exploration activities in Europe, Latin America, and the United States. The company was incorporated in 1953 and is headquartered in Toronto, Canada.
Agnico Eagle Mines Dividend Announcement
• Agnico Eagle Mines announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
• Agnico Eagle Mines annual dividend for 2024 was $1.60
• Agnico Eagle Mines annual dividend for 2023 was $1.60
• Agnico Eagle Mines's trailing twelve-month (TTM) dividend yield is 1.89%
• Agnico Eagle Mines's payout ratio for the trailing twelve months (TTM) is 65.81%
• Agnico Eagle Mines's dividend growth over the last five years (2018-2023) was 29.46% year
• Agnico Eagle Mines's dividend growth over the last ten years (2013-2023) was 6.16% year
Agnico Eagle Mines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.40 | quarterly | 2024-12-16 |
2024-08-30 | $0.40 | quarterly | 2024-09-16 |
2024-05-31 | $0.40 | quarterly | 2024-06-14 |
2024-02-29 | $0.40 | quarterly | 2024-03-15 |
2023-11-30 | $0.40 | quarterly | 2023-12-15 |
2023-08-31 | $0.40 | quarterly | 2023-09-15 |
2023-05-31 | $0.40 | quarterly | 2023-06-15 |
2023-02-28 | $0.40 | quarterly | 2023-03-15 |
2022-11-30 | $0.40 | quarterly | 2022-12-15 |
2022-08-31 | $0.40 | quarterly | 2022-09-15 |
2022-05-31 | $0.40 | quarterly | 2022-06-15 |
2022-03-04 | $0.40 | quarterly | 2022-03-15 |
2021-11-30 | $0.35 | quarterly | 2021-12-15 |
2021-08-31 | $0.35 | quarterly | 2021-09-15 |
2021-06-01 | $0.35 | quarterly | 2021-06-15 |
2021-02-26 | $0.35 | quarterly | 2021-03-22 |
2020-11-24 | $0.35 | quarterly | 2020-12-15 |
2020-08-28 | $0.20 | quarterly | 2020-09-15 |
2020-05-29 | $0.20 | quarterly | 2020-06-15 |
2020-02-27 | $0.20 | quarterly | 2020-03-16 |
2019-11-26 | $0.17 | quarterly | 2019-12-16 |
2019-08-29 | $0.12 | quarterly | 2019-09-16 |
2019-05-30 | $0.12 | quarterly | 2019-06-14 |
2019-02-28 | $0.12 | quarterly | 2019-03-15 |
2018-11-29 | $0.11 | quarterly | 2018-12-14 |
2018-08-30 | $0.11 | quarterly | 2018-09-14 |
2018-05-31 | $0.11 | quarterly | 2018-06-15 |
2018-02-28 | $0.11 | quarterly | 2018-03-15 |
2017-11-30 | $0.11 | quarterly | 2017-12-15 |
2017-08-30 | $0.10 | quarterly | 2017-09-15 |
2017-05-30 | $0.10 | quarterly | 2017-06-15 |
2017-02-27 | $0.10 | quarterly | 2017-03-15 |
2016-11-29 | $0.08 | quarterly | 2016-12-15 |
2016-08-30 | $0.08 | quarterly | 2016-09-15 |
2016-05-27 | $0.08 | quarterly | 2016-06-15 |
2016-02-26 | $0.08 | quarterly | 2016-03-15 |
2015-11-27 | $0.08 | quarterly | 2015-12-15 |
2015-08-28 | $0.08 | quarterly | 2015-09-15 |
2015-05-28 | $0.08 | quarterly | 2015-06-15 |
2015-02-26 | $0.08 | quarterly | 2015-03-16 |
2014-08-28 | $0.08 | quarterly | 2014-09-16 |
2014-05-29 | $0.08 | quarterly | 2014-06-16 |
2014-02-27 | $0.08 | quarterly | 2014-03-17 |
2013-11-27 | $0.22 | quarterly | 2013-12-16 |
2013-08-29 | $0.22 | quarterly | 2013-09-17 |
2013-05-30 | $0.22 | quarterly | 2013-06-17 |
2013-02-27 | $0.22 | quarterly | 2013-03-15 |
Agnico Eagle Mines Dividend per year
Agnico Eagle Mines Dividend growth
Agnico Eagle Mines Dividend Yield
Agnico Eagle Mines current trailing twelve-month (TTM) dividend yield is 1.89%. Interested in purchasing Agnico Eagle Mines stock? Use our calculator to estimate your expected dividend yield:
Agnico Eagle Mines Financial Ratios
Agnico Eagle Mines Dividend FAQ
Other factors to consider when evaluating Agnico Eagle Mines as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Agnico Eagle Mines's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Agnico Eagle Mines publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Agnico Eagle Mines distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Agnico Eagle Mines are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Agnico Eagle Mines sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Agnico Eagle Mines distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Agnico Eagle Mines declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Agnico Eagle Mines's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Agnico Eagle Mines's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.