Featured MNV Articles:
|The KL Paradox: Analysts Bullish But Forecast -3.42% Fall
Monday, August 10, 9:54 AM ET, by Market News Video Staff
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a ...
Kirkland Lake Gold Reaches Analyst Target Price
Tuesday, August 18, 8:18 AM ET, by Market News Video Staff
In recent trading, shares of Kirkland Lake Gold Ltd (KL) have crossed above the average ...
Ex-Dividend Reminder: TFI International, Kirkland Lake Gold and Willis Towers Watson Public
Friday, September 25, 10:15 AM ET, by Market News Video Staff
On 9/29/20, TFI International Inc (TFII), Kirkland Lake Gold Ltd (KL), and Willis Towers Watson ...
The Math Shows CZA Can Go To $75
Thursday, October 8, 10:40 AM ET, by Market News Video Staff
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
KL Crosses Critical Technical Indicator
Wednesday, October 28, 11:58 AM ET, by Market News Video Staff
In trading on Wednesday, shares of Kirkland Lake Gold Ltd (KL) entered into oversold territory, ...
Why Kirkland Lake Gold Is a Top 5 Metals Channel Dividend Stock (KL)
By Metals Channel Staff, Tuesday, April 6, 7:24 AM ET
Kirkland Lake Gold Ltd (NYSE:KL) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, KL shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent KL share price of $35.34 represents a price-to-book ratio of 1.9 and an annual dividend yield of 2.12% — by comparison, the average metals and mining stock in Dividend Channel's coverage universe yields 2.1% and trades at a price-to-book ratio of 2.7. The report also cited the strong quarterly dividend history at Kirkland Lake Gold Ltd, and favorable long-term multi-year growth rates in key fundamental data points.
The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''
The annualized dividend paid by Kirkland Lake Gold Ltd is $0.75/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/30/2021. Below is a long-term dividend history chart for KL, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
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