Centerra Gold Inc. (CGAU) Dividends
Dividend Yield and Dividend History Highlights
- Over the past six years, CGAU has issued more dividends than 8.43% of other dividend-issuing US stocks.
- As for its free cash flow/dividend ratio, CGAU's comes in at -15.19 -- better than 9.64% of other US-listed dividend issuers.
- In terms of debt burden relative to earnings, CGAU has an EBITDA to net debt ratio of 746,135,000, ranking above 95.85% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
CGAU Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $5.69 | $89.11 | 812.08% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of CGAU, the DDM model generated by StockNews estimates a return of positive 812.08% in comparison to its current price. Digging deeper, the aspects of Centerra Gold Inc's dividend discount model that we found most interesting were:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Basic Materials sector, Centerra Gold Inc's expected return of 812.08% is higher than 94.07% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Centerra Gold Inc bears a discount rate, according to our calculations, lower than 94.07% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Compared to other dividend issuers in the mid-sized market cap category, CGAU has a beta lower than 97.1% of them.
CGAU Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-13 | Dividend | $0.05 | +1.96% |
| 2024-08-15 | Dividend | $0.05 | -- |
| 2024-05-29 | Dividend | $0.05 | -1.92% |
| 2024-03-12 | Dividend | $0.05 | +4.00% |
| 2023-11-14 | Dividend | $0.05 | -5.66% |
| 2023-08-14 | Dividend | $0.05 | +1.92% |
| 2023-05-25 | Dividend | $0.05 | +1.96% |
| 2023-03-13 | Dividend | $0.05 | -- |
| 2022-11-17 | Dividend | $0.05 | -7.27% |
| 2022-08-24 | Dividend | $0.06 | +1.85% |
| 2022-05-17 | Dividend | $0.05 | -1.82% |
| 2022-03-10 | Dividend | $0.06 | -3.51% |
| 2021-11-18 | Dividend | $0.06 | +1.79% |
| 2021-08-24 | Dividend | $0.06 | -- |
| 2006-05-26 | Split |
CGAU Dividends vs. Peers
CGAU's dividend yield currently ranks #16 of 77 vs. its peers in the Miners - Gold category.