Eldorado Gold (ELD.TO) Dividends
Market Cap: $5.33B
Avg Volume: 443.75K
Industry: Gold
Sector: Basic Materials
Dividend Overview
Eldorado Gold (ELD.TO) pays a semi-annual dividend to its shareholders. The current dividend yield is 0.10%, which means that for every $100 invested at the current price, investors would receive approximately $0.10 in dividends per year (this can change based on future dividend payments and price movements).
About ELD.TO's Dividend
Eldorado Gold pays a semi-annual dividend. The total annual dividend is approximately $1.95 per share, meaning for each share you own, you'll receive about $1.95 in dividends over the course of a year.
The most recent ex-dividend date was March 03, 2017. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
ELD.TO Dividend History
| Dividend | Adjusted Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|---|
| $0.1 | $0.02 | 0.10% | March 03, 2017 | March 07, 2017 | March 16, 2017 | February 23, 2017 |
| $0.05 | $0.01 | 0.08% | August 13, 2015 | August 17, 2015 | August 26, 2015 | July 31, 2015 |
| $0.05 | $0.01 | 0.06% | January 29, 2015 | February 16, 2015 | February 16, 2015 | January 29, 2015 |
| $0.05 | $0.01 | 0.04% | August 13, 2014 | August 26, 2014 | August 26, 2014 | August 13, 2014 |
| $0.05 | $0.01 | 0.16% | January 29, 2014 | January 31, 2014 | February 14, 2014 | January 16, 2014 |
| $0.25 | $0.05 | 0.28% | August 13, 2013 | August 15, 2013 | August 26, 2013 | August 02, 2013 |
| $0.35 | $0.07 | 0.23% | January 29, 2013 | January 31, 2013 | February 14, 2013 | January 09, 2013 |
| $0.3 | $0.06 | 0.27% | August 08, 2012 | August 10, 2012 | August 24, 2012 | July 27, 2012 |
| $0.45 | $0.09 | 0.12% | January 27, 2012 | January 31, 2012 | February 14, 2012 | January 09, 2012 |
| $0.3 | $0.06 | 0.06% | August 10, 2011 | August 12, 2011 | August 26, 2011 | July 28, 2011 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for ELD.TO
- Dividend & Capex Coverage Ratio: 1.02x Adequate coverage
- Dividend Frequency: Semi-Annual
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 1.02x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio above 1.0x indicates Eldorado Gold can cover its dividends and necessary investments from its operating cash flow, but has limited cushion.
Eldorado Gold's semi-annual dividend structure provides the company with increased financial flexibility compared to more frequent payments, while still delivering regular income to investors.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.