AEM stock dividend – Agnico Eagle Mines Ltd Announces 0.4 Cash Dividend
June 12, 2023
🌥️Dividends Yield
Agnico Eagle Mines ($NYSE:AEM) Ltd (AGNICO) has announced a cash dividend of 0.4 USD per share, payable on June 8, 2023. This marks the fourth consecutive year that AGNICO has issued a cash dividend to its shareholders. The past three years have seen AGNICO issue an annual dividend per share of 1.6, 1.6, and 1.4 USD, resulting in dividend yields of 2.95%, 2.88%, and 2.25%, with an average yield of 2.69%. For investors that are looking for dividend stocks, AGNICO is a great option to consider.
They have consistently paid out a dividend for the past four years, and their current yield is above the average yield of the S&P/TSX Composite Index. The ex-dividend date for this dividend is May 31, 2023, so make sure to purchase shares before then if you want to receive the payment.
Stock Price
This news caused the company’s stock to open at $51.4 and close at $51.6, a 1.6% increase from the previous closing price of $50.8. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AEM. More…
| Total Revenues | Net Income | Net Margin |
| 5.93k | 2.37k | 21.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AEM. More…
| Operations | Investing | Financing |
| 2.24k | -2.64k | 89.44 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AEM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 29.65k | 9.86k | 43.2 |
Key Ratios Snapshot
Some of the financial key ratios for AEM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.0% | 48.2% | 49.7% |
| FCF Margin | ROE | ROA |
| 10.3% | 10.2% | 6.2% |
Analysis
At GoodWhale, we strive to provide investors with the most comprehensive overviews of companies to make informed investment decisions. In a recent analysis of AGNICO EAGLE MINES, we have determined that the company is a medium risk investment in terms of financial and business aspects. Investors should be aware that our analysis also revealed two risk warnings associated with AGNICO EAGLE MINES’ income sheet and balance sheet. We recommend that you register as a user to learn more about these risks and how they may impact your decision to invest in this company. With GoodWhale, you can trust that you are making the best possible investment decision for your portfolio. More…
Summary
AGNICO EAGLE MINES is an attractive investment option due to its consistent dividend payouts. Over the last three years, the company has issued an annual dividend per share of 1.6, 1.6, and 1.4 USD, resulting in dividend yields of 2.95%, 2.88%, and 2.25%, with an average yield of 2.69%. This indicates a solid return on investment for investors, making AGNICO EAGLE MINES a reliable option for income investors.
The company’s strong dividend payment history, combined with its robust balance sheet, makes it a potentially lucrative long-term investment. Investors should take into account the current market conditions and do their own research before investing.
