Agnico Eagle Mines Dividend yield




   CAD/share 
 Price  72.65
 Dividend  1.76
 Earnings  2.85
 Cash-flow  6.60
 Book value  30.27
 Equity  28.79

Agnico Eagle Mines is part of Mining business, which is part of Basic Materials industry. Agnico Eagle Mines is a company from Canada, and his stocks are publicly traded.

Agnico Eagle Mines paid a total dividend of 424 million CAD last year, for a market value of 17,509 millions (Market Cap 17,479 millions). Dividend per share of Agnico Eagle Mines is 1.76 CAD, and his stock market price 72.65 CAD.

According to the chart below, where dividend yield is displayed, Agnico Eagle Mines has a dividend yield of 2.42%, which is similar to the amount offered by both the market average and companies from Canada. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Agnico Eagle Mines dividend yield with other Mining companies or firms from Canada.

Dividend yield of Agnico Eagle Mines

Agnico Eagle Mines Dividend Payout

About the ability of Agnico Eagle Mines to maintain his current dividend of CAD 1.76 per share, an amount that accounts for 2.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Agnico Eagle Mines payout on ernings is currently 61.75%, which is higher than the market average, and companies of Basic Materials industry, which are 38.17% and 48.78% respectively. Both figures show that Agnico Eagle Mines can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Agnico Eagle Mines is CAD 6.60 per share, which is higher than the dividend per share paid by the company of CAD 1.76, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Agnico Eagle Mines, compared againt world market average, Canada companies, Basic Materials industry and Mining sector companies.

Agnico Eagle Mines payout

Agnico Eagle Mines Dividend History

Year Yield  CAD  Paypout  Shares* 
Present2.42%1.7661.75%241
20201.99%1.7868.46%241
20191.13%0.90-50.56%238
20181.09%0.6044.44%233
20170.95%0.5560.44%231
20160.97%0.540.00%224
20151.20%0.43102.38%217

*In millions

Agnico Eagle Mines Stock performance

Finally, last moth Agnico Eagle Mines showed a return of 2.30% compared to a worldwide 4.24% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a 29.30% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Canada and Mining firms.

Agnico Eagle Mines stock and market return