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AEM (Agnico Eagle Mines) Dividend Yield % : 1.83% (As of Oct. 31, 2024)


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What is Agnico Eagle Mines Dividend Yield %?

As of today (2024-10-31), the Trailing Annual Dividend Yield of Agnico Eagle Mines is 1.83%.

Warning Sign:

Agnico Eagle Mines Ltd stock dividend yield is close to 3-year low.

The historical rank and industry rank for Agnico Eagle Mines's Dividend Yield % or its related term are showing as below:

AEM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.56   Med: 1.1   Max: 3.67
Current: 1.83

During the past 13 years, the highest Dividend Yield of Agnico Eagle Mines was 3.67%. The lowest was 0.56%. And the median was 1.10%.

AEM's Dividend Yield % is ranked worse than
57.14% of 308 companies
in the Metals & Mining industry
Industry Median: 2.235 vs AEM: 1.83

Agnico Eagle Mines's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.40.

During the past 13 years, the highest Dividend Payout Ratio of Agnico Eagle Mines was 2.71. The lowest was 0.41. And the median was 0.64.

As of today (2024-10-31), the Forward Dividend Yield % of Agnico Eagle Mines is 1.83%.

Agnico Eagle Mines's Dividends per Share for the three months ended in Jun. 2024 was $0.40.

During the past 12 months, Agnico Eagle Mines's average Dividends Per Share Growth Rate was 0.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 33.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Agnico Eagle Mines was 85.10% per year. The lowest was -52.90% per year. And the median was 10.30% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Agnico Eagle Mines Dividend Yield % Historical Data

The historical data trend for Agnico Eagle Mines's Dividend Yield % 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.

Agnico Eagle Mines Dividend Yield % Chart

Agnico Eagle Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.35 2.63 3.07 2.92

Agnico Eagle Mines Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 3.52 2.92 2.68 2.45

Competitive Comparison of Agnico Eagle Mines's Dividend Yield %

For the Gold subindustry, Agnico Eagle Mines's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Agnico Eagle Mines's Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's Dividend Yield % falls into.



Agnico Eagle Mines Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Agnico Eagle Mines Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4000002024-08-302024-08-302024-09-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002024-05-312024-05-312024-06-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 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.

Agnico Eagle Mines's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.6/88.24
=1.81 %

Current Share Price is $88.24.
Agnico Eagle Mines's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.6.

Agnico Eagle Mines's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.6/88.24
=1.81 %

Current Share Price is $88.24.
Agnico Eagle Mines's Dividends per Share for the forward twelve months is calculated as $0.4 * 4 = $1.6.

* 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.


Agnico Eagle Mines  (NYSE:AEM) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Agnico Eagle Mines Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Agnico Eagle Mines's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Agnico Eagle Mines Business Description

Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.4 million gold ounces in 2023 and had about 15 years of gold reserves at end 2023. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.