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Kirkland Lake Gold Ltd. T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Comment by Antonyiuson Sep 04, 2021 10:25am
208 Views
Post# 33814327

RE:RE:Brownfields hound dog

RE:RE:Brownfields hound dogDividends are typically only increased when the company doesn't have a better use of their cash. At current valuations, buying back shares makes way more sense than increasing dividends. By reducing the amount of outstanding shares, when they do eventually increase the dividend it will greatly decrease the payout ratio, assuming cash flow stays at the same level. If you're holding Kirkland for the dividends I don't think it quite makes sense, much easier to go after say pipelines since they historically pay better dividend yields due to their industry's use of cash. Miners are typically pretty capital project intensive.
Mustlovedogs01 wrote: ...as long as it doesn't stop buying its own stock!! Could be paying a dividend like no other that would make investors hold and buy, thus moving the stock up!  NOPE...management should be fired! jmo


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