Kirkland Lake Gold Ltd. Common Shares (KL) Dividends

Kirkland Lake Gold Ltd. Common Shares (KL)

Today's Latest Price: $46.66 USD

0.42 (-0.89%)

Updated Oct 23 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 30 in Miners - Gold

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • KL's trailing 12 month dividends has averaged an annual growth rate of 239.08%.
  • As for its free cash flow/dividend ratio, KL's comes in at -15.71 -- better than only 6.07% of other US-listed dividend issuers.
  • In terms of debt burden relative to earnings, KL has an EBITDA to net debt ratio of 969,385,000, ranking above 97.27% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • As for stocks whose price is uncorrelated with KL's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: BRT, CHMI, AMSF, SC and MTG.
KL Ex-Dividend Date
KL Dividend Yield
1.07%
KL Annual Dividend
$0.50
KL Payout Ratio

KL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$46.66$89.39 85.46%

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. In the case of KL, the DDM model, as implemented by StockNews, implies a positive return of 85.46% relative to its current price. To help understand and contextualize the model's evaluation of KL, investors may wish to consider are:

  • The amount of revenue Kirkland Lake Gold Ltd earns annually is around 1 billion; in terms of how this translates into revenue, it has a dividend yield higher than only 12.27% of companies in the small revenue class.
  • A stock's beta generally indicates its volatility relative to the broader equity market; as for KL, approximately 95.1% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

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 #10 of 34 vs. its peers in the Miners - Gold category.
Rank Symbol Name Dividend Yield
1 DRD DRDGOLD Limited American Depositary Shares 2.81%
2 BTG B2Gold Corp Common shares (Canada) 2.45%
3 ABX Barrick Gold Corporation (BC) 2.13%
4 NEM Newmont Goldcorp Corporation 1.61%
5 OR Osisko Gold Royalties Ltd Common Shares 1.28%
6 GFI Gold Fields Limited American Depositary Shares 1.24%
7 AUY Yamana Gold Inc. Ordinary Shares (Canada) 1.21%
8 GOLD Barrick Gold Corporation (BC) 1.15%
9 GORO Gold Resource Corporation 1.11%
10 KL Kirkland Lake Gold Ltd. Common Shares 1.03%
11 AEM Agnico Eagle Mines Limited 1.01%
12 RGLD Royal Gold, Inc. 0.94%
13 FNV Franco-Nevada Corporation 0.74%
14 GG Goldcorp Inc. 0.71%
15 AGI Alamos Gold Inc. Class A Common Shares 0.68%
16 AU AngloGold Ashanti Limited 0.31%
17 BVN Buenaventura Mining Company Inc. 0.25%
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 EQX Equinox Gold Corp. 0.00%
29 IAG Iamgold Corporation Ordinary Shares 0.00%
30 RIC Richmont Mines, Inc. 0.00%
31 NG Novagold Resources Inc. 0.00%
32 NGD New Gold Inc. 0.00%
33 GSS Golden Star Resources, Ltd 0.00%
34 GSV Gold Standard Ventures Corporation (Canada) 0.00%

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