Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador. The company sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, and internationally. Champion Iron Limited is headquartered in Montreal, Canada.
Champion Iron Dividend Announcement
• Champion Iron announced a semi annually dividend of $0.07 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-11 • Champion Iron annual dividend for 2024 was $0.14 • Champion Iron annual dividend for 2023 was $0.15 • Champion Iron's trailing twelve-month (TTM) dividend yield is 3.83% • Champion Iron's payout ratio for the trailing twelve months (TTM) is 41.24%
Champion Iron current trailing twelve-month (TTM) dividend yield is 3.83%. Interested in purchasing Champion Iron stock? Use our calculator to estimate your expected dividend yield:
Champion Iron Financial Ratios
P/E ratio10.90
PEG ratio-0.43
P/B ratio1.91
ROE17.98%
Payout ratio41.24%
Current ratio2.20
Quick ratio1.25
Cash Ratio0.51
Champion Iron Dividend FAQ
How much is the next Champion Iron dividend?
Champion Iron's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Champion Iron dividend. The next Champion Iron dividend will be released in June, or November.
When is Champion Iron dividend paid?
Champion Iron pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Champion Iron pay?
The specific amount of Champion Iron dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Champion Iron's dividend history.
Does Champion Iron stock pay dividends?
Yes, Champion Iron does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Champion Iron's dividend history.
How much dividend does Champion Iron pay?
Champion Iron paid $0.144 in 2024, $0.148 in 2023, $0.232 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Champion Iron pay dividends?
Champion Iron typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and November.
What is Champion Iron's dividend yield?
The current dividend yield for Champion Iron is 3.83%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Champion Iron's exact dividend yield.
When does Champion Iron go ex dividend?
Champion Iron's ex-dividend date for the latest dividend was on 2024-11-11. Champion Iron typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Champion Iron dividend paid?
Champion Iron pays dividends on a semi annually basis, typically around June, or November, but the exact dates can vary each year.
Will Champion Iron increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Champion Iron will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Champion Iron dividend per share?
Champion Iron paid $0.144 per share in 2024 and $0.148 per share in 2023. The amount of dividend per share that Champion Iron pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Champion Iron a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Champion Iron a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Champion Iron a dividend stock?
Yes, Champion Iron is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Champion Iron a good dividend stock?
Whether Champion Iron is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Champion Iron has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Champion Iron 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.
Does Champion Iron pay dividends monthly?
Champion Iron typically pays dividends on a semi annually basis.
Does Champion Iron pay dividends quarterly?
Champion Iron currently pays dividends on a semi annually basis.
Has Champion Iron ever paid a dividend?
Yes, Champion Iron has a history of paying dividends to its shareholders. Champion Iron is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Champion Iron dividend stocks?
To buy Champion Iron you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Champion Iron stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Champion Iron pay dividends 2024?
Champion Iron pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Champion Iron increase its dividend in 2024?
Decisions regarding Champion Iron dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Champion Iron dividend overview you can look into the above table of dividend history.
How Champion Iron dividend works?
The Champion Iron dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Champion Iron's dividend process works:
1. Determination of Dividend: Champion Iron'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, Champion Iron 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, Champion Iron 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 Champion Iron 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.
How are Champion Iron dividends paid?
Champion Iron dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Champion Iron 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, Champion Iron distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Champion Iron 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.
How many times does Champion Iron pay dividends?
Champion Iron typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Champion Iron pay dividends?
The general pattern is that Champion Iron pays dividends around June, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Champion Iron dividend safe?
The safety of Champion Iron's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Champion Iron'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 Champion Iron'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.