Kirkland Lake Gold Ltd. Common Shares (KL) Dividends

Kirkland Lake Gold Ltd. Common Shares (KL)

Today's Latest Price: $37.97 USD

0.88 (2.37%)

Updated Jun 4 2:05pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 29 in Miners - Gold

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • Over the past 2.5 years, KL has averaged an annual trailing twelve month dividend growth rate of 239.08%.
  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -15.71 -- higher than only 5.54% of other dividend issuers in the US.
  • In terms of debt burden relative to earnings, KL has an EBITDA to net debt ratio of 969,385,000, ranking above 97.34% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with KL that may be suitable potential portfolio mates: OSMT, NBR, MCEP, TMO and LRCX.
KL Ex-Dividend Date
KL Dividend Yield
1.35%
KL Annual Dividend
$0.50
KL Payout Ratio

KL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$37.97$170.15 315.82%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Kirkland Lake Gold Ltd, the dividend discount model StockNews created for the company implies a positive return of 315.82%. To help understand and contextualize the model's evaluation of KL, investors may wish to consider are:

  • A stock's beta generally indicates its volatility relative to the broader equity market; as for KL, approximately 98.12% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
  • KL's market cap of approximately $8 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 94.22% of them.

KL Dividend Chart


KL Dividend History

Ex-Dividend Date Type Payout Amount Change
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KL Dividends vs. Peers

KL's dividend yield currently ranks #5 of 33 vs. its peers in the Miners - Gold category.
Rank Symbol Name Dividend Yield
1 DRD DRDGOLD Limited American Depositary Shares 2.44%
2 ABX Barrick Gold Corporation (BC) 2.13%
3 OR Osisko Gold Royalties Ltd Common Shares 1.62%
4 AEM Agnico Eagle Mines Limited 1.37%
5 KL Kirkland Lake Gold Ltd. Common Shares 1.35%
6 GFI Gold Fields Limited American Depositary Shares 1.33%
7 GOLD Barrick Gold Corporation (BC) 1.21%
8 GORO Gold Resource Corporation 1.02%
9 NEM Newmont Goldcorp Corporation 1.00%
10 AUY Yamana Gold Inc. Ordinary Shares (Canada) 0.98%
11 RGLD Royal Gold, Inc. 0.89%
12 AGI Alamos Gold Inc. Class A Common Shares 0.80%
13 FNV Franco-Nevada Corporation 0.76%
14 GG Goldcorp Inc. 0.71%
15 BVN Buenaventura Mining Company Inc. 0.60%
16 BTG B2Gold Corp Common shares (Canada) 0.58%
17 AU AngloGold Ashanti Limited 0.32%
18 SA Seabridge Gold, Inc. Ordinary Shares (Canada) 0.00%
19 SAND Sandstorm Gold Ltd. Ordinary Shares (Canada) 0.00%
20 SBGL D/B/A Sibanye-Stillwater Limited American Depositary Shares (Each representing four ordinary shares) 0.00%
21 AKG Asanko Gold Inc. 0.00%
22 PPP Primero Mining Corp. New (Canada) 0.00%
23 VGZ Vista Gold Corp 0.00%
24 HMY Harmony Gold Mining Company Limited 0.00%
25 ALO Alio Gold Inc. Common Shares (Canada) 0.00%
26 KGC Kinross Gold Corporation 0.00%
27 EGO Eldorado Gold Corporation Ordinary Shares 0.00%
28 IAG Iamgold Corporation Ordinary Shares 0.00%
29 RIC Richmont Mines, Inc. 0.00%
30 NG Novagold Resources Inc. 0.00%
31 NGD New Gold Inc. 0.00%
32 GSS Golden Star Resources, Ltd 0.00%
33 GSV Gold Standard Ventures Corporation (Canada) 0.00%

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