Kinross Gold Corporation (KGC) Dividends
KGC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $9.25 | $10.4 | 83.16% |
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. Regarding Kinross Gold Corp, the DDM model, as implemented by StockNews, implies a positive return of 83.16% relative to its current price. To help understand and contextualize the model's evaluation of KGC, investors may wish to consider are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Basic Materials sector, the expected return of 83.16%, based on the stock's current share price and target price based on a dividend discount model, is greater than 78.52% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, KGC has a discount rate lower than 78.52% of them (a lower discount rate is associated with lower risk).
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for Kinross Gold Corp than it is for 77.04% of other dividend issuers in the Basic Materials sector.
KGC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-27 | Dividend | $0.03 | -- |
| 2024-08-22 | Dividend | $0.03 | -50.00% |
| 2024-05-30 | Dividend | $0.06 | -- |
| 2024-03-05 | Dividend | $0.06 | +100.00% |
| 2023-11-29 | Dividend | $0.03 | -- |
| 2023-08-23 | Dividend | $0.03 | -- |
| 2023-05-31 | Dividend | $0.03 | -- |
| 2023-03-07 | Dividend | $0.03 | -50.00% |
| 2022-11-30 | Dividend | $0.06 | +100.00% |
| 2022-08-17 | Dividend | $0.03 | -- |
| 2022-06-01 | Dividend | $0.03 | -- |
| 2022-03-08 | Dividend | $0.03 | -- |
| 2021-11-30 | Dividend | $0.03 | -- |
| 2021-08-18 | Dividend | $0.03 | -- |
| 2020-11-24 | Dividend | $0.03 | -- |
| 2020-10-07 | Dividend | $0.03 | -62.50% |
| 2013-03-19 | Dividend | $0.08 | -- |
| 2012-09-19 | Dividend | $0.08 | -- |
| 2012-03-21 | Dividend | $0.08 | +33.33% |
| 2011-09-21 | Dividend | $0.06 | +20.00% |
| 2011-03-22 | Dividend | $0.05 | -- |
| 2010-08-27 | Dividend | $0.05 | -- |
| 2010-03-22 | Dividend | $0.05 | -- |
| 2009-09-21 | Dividend | $0.05 | +25.00% |
| 2009-03-20 | Dividend | $0.04 | -- |
| 2008-09-19 | Dividend | $0.04 | -- |
| 2008-03-19 | Dividend | $0.04 | -- |
| 2003-02-03 | Split |
KGC Dividends vs. Peers
KGC's dividend yield currently ranks #25 of 77 vs. its peers in the Miners - Gold category.