Agnico Payout Ratio from 2010 to 2024

AEM Stock  USD 62.49  0.75  1.21%   
Agnico Eagle Payout Ratio yearly trend continues to be very stable with very little volatility. Payout Ratio is likely to drop to 0.32. During the period from 2010 to 2024, Agnico Eagle Payout Ratio quarterly data regression pattern had range of 2.7315 and standard deviation of  0.64. View All Fundamentals
 
Payout Ratio  
First Reported
2010-12-31
Previous Quarter
0.33500829
Current Value
0.32
Quarterly Volatility
0.63885759
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Agnico Eagle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Agnico main balance sheet or income statement drivers, such as Interest Expense of 95.8 M, Total Revenue of 7.1 B or Gross Profit of 2.1 B, as well as many exotic indicators such as Price To Sales Ratio of 7.16, Dividend Yield of 0.0255 or PTB Ratio of 1.32. Agnico financial statements analysis is a perfect complement when working with Agnico Eagle Valuation or Volatility modules.
  
This module can also supplement Agnico Eagle's financial leverage analysis and stock options assessment as well as various Agnico Eagle Technical models . Check out the analysis of Agnico Eagle Correlation against competitors.

Latest Agnico Eagle's Payout Ratio Growth Pattern

Below is the plot of the Payout Ratio of Agnico Eagle Mines over the last few years. Payout Ratio is the proportion of Agnico Eagle Mines earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Agnico Eagle Mines dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Agnico Eagle Mines is paying out more in dividends than it makes in net income. It is Agnico Eagle's Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Agnico Eagle's overall financial position and show how it may be relating to other accounts over time.
Payout Ratio10 Years Trend
Very volatile
   Payout Ratio   
       Timeline  

Agnico Payout Ratio Regression Statistics

Arithmetic Mean0.44
Coefficient Of Variation145.07
Mean Deviation0.37
Median0.37
Standard Deviation0.64
Sample Variance0.41
Range2.7315
R-Value0.04
Mean Square Error0.44
R-Squared0
Significance0.87
Slope0.01
Total Sum of Squares5.71

Agnico Payout Ratio History

2024 0.32
2023 0.34
2022 0.91
2020 0.37
2019 0.22
2018 -0.26
2017 0.31

Other Fundumenentals of Agnico Eagle Mines

Agnico Eagle Payout Ratio component correlations

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1.00.580.730.42-0.450.980.930.350.421.00.730.330.791.00.96-0.370.7-0.50.850.470.49-0.920.040.870.090.88
0.620.580.230.37-0.230.70.630.550.610.590.420.750.510.610.52-0.390.68-0.640.630.680.72-0.34-0.580.36-0.580.33
0.710.730.23-0.1-0.480.680.530.160.160.680.82-0.150.810.70.8-0.440.34-0.080.730.180.23-0.690.030.660.150.65
0.430.420.37-0.1-0.190.460.60.40.340.45-0.140.6-0.030.460.16-0.290.72-0.410.190.660.44-0.45-0.050.5-0.220.5
-0.45-0.45-0.23-0.48-0.19-0.45-0.26-0.16-0.46-0.44-0.220.04-0.36-0.46-0.420.44-0.460.5-0.36-0.43-0.30.460.2-0.470.09-0.46
0.990.980.70.680.46-0.450.940.420.490.990.70.450.780.990.93-0.410.77-0.570.870.560.59-0.87-0.090.83-0.060.83
0.940.930.630.530.6-0.260.940.410.340.940.590.530.630.940.83-0.280.77-0.460.780.510.55-0.810.00.77-0.020.78
0.370.350.550.160.4-0.160.420.410.580.350.040.250.20.380.26-0.320.55-0.470.340.540.27-0.24-0.480.27-0.610.25
0.440.420.610.160.34-0.460.490.340.580.430.110.330.290.460.35-0.510.54-0.790.380.670.44-0.34-0.450.36-0.470.35
1.01.00.590.680.45-0.440.990.940.350.430.710.360.771.00.95-0.360.71-0.530.840.480.5-0.920.050.870.080.88
0.730.730.420.82-0.14-0.220.70.590.040.110.710.10.830.720.8-0.320.2-0.120.710.070.2-0.650.10.60.250.6
0.370.330.75-0.150.60.040.450.530.250.330.360.10.270.370.22-0.160.68-0.440.450.630.68-0.25-0.230.33-0.380.29
0.790.790.510.81-0.03-0.360.780.630.20.290.770.830.270.770.89-0.280.52-0.320.950.280.38-0.770.070.770.130.75
1.01.00.610.70.46-0.460.990.940.380.461.00.720.370.770.94-0.40.72-0.530.840.510.53-0.910.00.870.040.88
0.950.960.520.80.16-0.420.930.830.260.350.950.80.220.890.94-0.250.58-0.450.890.310.41-0.870.080.810.170.82
-0.38-0.37-0.39-0.44-0.290.44-0.41-0.28-0.32-0.51-0.36-0.32-0.16-0.28-0.4-0.25-0.40.1-0.35-0.75-0.590.360.48-0.380.48-0.37
0.720.70.680.340.72-0.460.770.770.550.540.710.20.680.520.720.58-0.4-0.570.730.810.74-0.64-0.250.71-0.370.68
-0.52-0.5-0.64-0.08-0.410.5-0.57-0.46-0.47-0.79-0.53-0.12-0.44-0.32-0.53-0.450.1-0.57-0.4-0.49-0.330.40.3-0.410.24-0.4
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0.50.470.680.180.66-0.430.560.510.540.670.480.070.630.280.510.31-0.750.81-0.490.50.87-0.41-0.560.47-0.680.44
0.520.490.720.230.44-0.30.590.550.270.440.50.20.680.380.530.41-0.590.74-0.330.610.87-0.34-0.530.37-0.610.34
-0.91-0.92-0.34-0.69-0.450.46-0.87-0.81-0.24-0.34-0.92-0.65-0.25-0.77-0.91-0.870.36-0.640.4-0.78-0.41-0.34-0.29-0.98-0.28-0.99
0.00.04-0.580.03-0.050.2-0.090.0-0.48-0.450.050.1-0.230.070.00.080.48-0.250.3-0.07-0.56-0.53-0.290.280.910.3
0.860.870.360.660.5-0.470.830.770.270.360.870.60.330.770.870.81-0.380.71-0.410.790.470.37-0.980.280.241.0
0.040.09-0.580.15-0.220.09-0.06-0.02-0.61-0.470.080.25-0.380.130.040.170.48-0.370.24-0.07-0.68-0.61-0.280.910.240.27
0.870.880.330.650.5-0.460.830.780.250.350.880.60.290.750.880.82-0.370.68-0.40.770.440.34-0.990.31.00.27
Click cells to compare fundamentals

About Agnico Eagle Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Agnico Eagle income statement, its balance sheet, and the statement of cash flows. Agnico Eagle investors use historical funamental indicators, such as Agnico Eagle's Payout Ratio, to determine how well the company is positioned to perform in the future. Although Agnico Eagle investors may use each financial statement separately, they are all related. The changes in Agnico Eagle's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Agnico Eagle's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Agnico Eagle Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Agnico Eagle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payout Ratio 0.34  0.32 
Dividend Payout Ratio 0.34  0.32 

Pair Trading with Agnico Eagle

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico Eagle will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agnico Stock

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The ability to find closely correlated positions to Agnico Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico Eagle Mines to buy it.
The correlation of Agnico Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agnico Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:
Check out the analysis of Agnico Eagle Correlation against competitors.
Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is Agnico Eagle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.431
Dividend Share
1.6
Earnings Share
3.95
Revenue Per Share
13.56
Quarterly Revenue Growth
0.269
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.