Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. It primarily produces copper, zinc, nickel, and gold, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Neves-Corvo mine located in Portugal; the Eagle mine located in the United States; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and Ojos del Salado mining complex located in Chile. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada.
Lundin Mining Dividend Announcement
• Lundin Mining announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-12-11. Ex dividend date: 2024-11-29
• Lundin Mining annual dividend for 2024 was $0.27
• Lundin Mining annual dividend for 2023 was $0.26
• Lundin Mining's trailing twelve-month (TTM) dividend yield is 2.7%
• Lundin Mining's payout ratio for the trailing twelve months (TTM) is 119.53%
• Lundin Mining's dividend growth over the last five years (2018-2023) was 23.70% year
Lundin Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.07 | quarterly | 2024-12-11 |
2024-08-30 | $0.07 | quarterly | 2024-09-11 |
2024-05-31 | $0.07 | quarterly | 2024-06-19 |
2024-03-21 | $0.07 | quarterly | 2024-04-10 |
2023-11-30 | $0.07 | quarterly | 2023-12-13 |
2023-08-31 | $0.07 | quarterly | 2023-09-13 |
2023-06-01 | $0.07 | quarterly | 2023-06-21 |
2023-03-23 | $0.07 | quarterly | 2023-04-12 |
2022-12-01 | $0.07 | quarterly | 2022-12-14 |
2022-09-01 | $0.07 | quarterly | 2022-09-14 |
2022-06-02 | $0.07 | quarterly | 2022-06-22 |
2022-03-24 | $0.16 | quarterly | 2022-04-13 |
2021-12-02 | $0.07 | quarterly | 2021-12-15 |
2021-09-02 | $0.14 | quarterly | 2021-09-15 |
2021-06-03 | $0.05 | quarterly | 2021-06-23 |
2021-03-25 | $0.05 | quarterly | 2021-04-14 |
2020-12-03 | $0.03 | quarterly | 2020-12-16 |
2020-09-03 | $0.03 | quarterly | 2020-09-16 |
2020-05-28 | $0.03 | quarterly | 2020-06-17 |
2020-03-19 | $0.03 | quarterly | 2020-04-08 |
2019-12-05 | $0.02 | quarterly | 2019-12-18 |
2019-09-05 | $0.02 | quarterly | 2019-09-18 |
2019-05-30 | $0.02 | quarterly | 2019-06-19 |
2019-03-21 | $0.02 | quarterly | 2019-04-10 |
2018-12-06 | $0.02 | quarterly | 2018-12-19 |
2018-09-06 | $0.02 | quarterly | 2018-09-19 |
2018-05-31 | $0.02 | quarterly | 2018-06-19 |
2018-03-22 | $0.02 | quarterly | 2018-04-11 |
2017-12-07 | $0.02 | quarterly | 2017-12-20 |
2017-09-07 | $0.02 | quarterly | 2017-09-20 |
2017-05-31 | $0.02 | quarterly | 2017-06-20 |
2017-03-29 | $0.02 | quarterly | 2017-04-18 |
Lundin Mining Dividend per year
Lundin Mining Dividend growth
Lundin Mining Dividend Yield
Lundin Mining current trailing twelve-month (TTM) dividend yield is 2.7%. Interested in purchasing Lundin Mining stock? Use our calculator to estimate your expected dividend yield:
Lundin Mining Financial Ratios
Lundin Mining Dividend FAQ
Other factors to consider when evaluating Lundin Mining 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: Lundin Mining'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, Lundin Mining 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, Lundin Mining 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 Lundin Mining 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: Lundin Mining 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, Lundin Mining distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lundin Mining 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 Lundin Mining'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 Lundin Mining'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.