Kirkland Lake Gold Ltd. Common Shares (KL) Dividends

Kirkland Lake Gold Ltd. Common Shares (KL): $39.33

-0.34 (-0.86%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Miners - Gold


Ranked

of 39

in industry

Dividend Yield and Dividend History Highlights

  • KL's trailing 12 month dividends has averaged an annual growth rate of 257.19%.
  • In terms of debt burden relative to earnings, KL has an EBITDA to net debt ratio of 1,543,597,000, ranking above 97.12% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • Free cash flow for KL has a compound average growth rate of 64.51%, which is higher than 90.67% of stocks in our dividend set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with KL's price: MDRR, DOC, PBR, CNXN and NOVN.
KL Ex-Dividend Date
KL Dividend Yield
0.78%
KL Annual Dividend
$0.31
KL Payout Ratio

KL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$39.33$54.79 36.39%

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 DDM model, as implemented by StockNews, implies a positive return of 36.39% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Kirkland Lake Gold Ltd are:

  • A stock's beta generally indicates its volatility relative to the broader equity market; as for KL, approximately 94.67% 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 84.93% 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 #18 of 68 vs. its peers in the Miners - Gold category.
Rank Symbol Name Dividend Yield
1 CMCL Caledonia Mining Corporation Plc 4.38%
2 JAGGF Jaguar Mining Inc. 4.33%
3 CELTF Centamin plc 4.23%
4 GFI Gold Fields Limited American Depositary Shares 3.70%
5 NEM Newmont Corp. 3.64%
6 DRD DRDGOLD Limited American Depositary Shares 3.57%
7 HMY Harmony Gold Mining Company Limited 2.98%
8 ABX Barrick Gold Corporation (BC) 2.13%
9 BTG B2Gold Corp Common shares (Canada) 1.98%
10 GORO Gold Resource Corporation 1.95%
11 AU AngloGold Ashanti Limited 1.91%
12 AUY Yamana Gold Inc. Ordinary Shares (Canada) 1.69%
13 RGLD Royal Gold, Inc. 1.02%
14 KGC Kinross Gold Corporation 0.97%
15 AEM Agnico Eagle Mines Limited 0.90%
16 DPMLF Dundee Precious Metals Inc. 0.86%
17 GOLD Barrick Gold Corporation (BC) 0.82%
18 KL Kirkland Lake Gold Ltd. Common Shares 0.78%
19 GG Goldcorp Inc. 0.71%
20 OR Osisko Gold Royalties Ltd Common Shares 0.60%
21 AGI Alamos Gold Inc. Class A Common Shares 0.50%
22 FNV Franco-Nevada Corporation 0.34%
23 SA Seabridge Gold, Inc. Ordinary Shares (Canada) 0.00%
24 SAND Sandstorm Gold Ltd. Ordinary Shares (Canada) 0.00%
25 SBGL D/B/A Sibanye-Stillwater Limited American Depositary Shares (Each representing four ordinary shares) 0.00%
26 AKG Asanko Gold Inc. 0.00%
27 CGAU Centerra Gold Inc. 0.00%
28 PPP Primero Mining Corp. New (Canada) 0.00%
29 VGZ Vista Gold Corp 0.00%
30 ALO Alio Gold Inc. Common Shares (Canada) 0.00%
31 PVG Pretium Resources Inc. 0.00%
32 EGO Eldorado Gold Corporation Ordinary Shares 0.00%
33 PZG Paramount Gold Nevada Corp. 0.00%
34 EQX Equinox Gold Corp. 0.00%
35 IAG Iamgold Corporation Ordinary Shares 0.00%
36 BVN Buenaventura Mining Company Inc. 0.00%
37 GLDG GoldMining Inc. 0.00%
38 RIC Richmont Mines, Inc. 0.00%
39 USAU U.S. Gold Corp. 0.00%
40 KOR Corvus Gold Inc. 0.00%
41 NG Novagold Resources Inc. 0.00%
42 TRX Tanzanian Gold Corporation 0.00%
43 NGD New Gold Inc. 0.00%
44 GSS Golden Star Resources, Ltd 0.00%
45 GSV Gold Standard Ventures Corporation (Canada) 0.00%
46 VITFF Victoria Gold Corporation 0.00%
47 VNNHF Belo Sun Mining Corporation 0.00%
48 MDRPF Midas Gold Corp. 0.00%
49 EDVMF Endeavour Mining Corporation 0.00%
50 MGDPF Marathon Gold Corporation 0.00%
51 ELYGF Ely Gold Royalties Inc. 0.00%
52 CAGDF Centerra Gold Inc. 0.00%
53 TORXF Torex Gold Resources Inc. 0.00%
54 TPRFF Gran Colombia Gold Corp. 0.00%
55 ARGTF Artemis Gold Inc. 0.00%
56 ARNGF Argonaut Gold Inc. 0.00%
57 FSXLF Fosterville South Exploration Ltd. 0.00%
58 FTMNF Lundin Gold Inc. 0.00%
59 SGSVF Sabina Gold & Silver Corp. 0.00%
60 GLDXF Gold X Mining Corp. 0.00%
61 OCANF OceanaGold Corporation 0.00%
62 KNTNF K92 Mining Inc. 0.00%
63 KRRGF Karora Resources Inc. 0.00%
64 TGCDF Teranga Gold Corporation 0.00%
65 WDOFF Wesdome Gold Mines Ltd 0.00%
66 TDRRF Tudor Gold Corp. 0.00%
67 BKRRF Blackrock Gold Corp. 0.00%
68 LRTNF Pure Gold Mining Inc 0.00%

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