Alamos Gold Declares Quarterly Dividend and Announces Share Repurchases Under Normal Course Issuer Bid
Rhea-AI Summary
Alamos Gold (NYSE:AGI) declared a quarterly dividend of US$0.04 per common share, payable June 25, 2026 to shareholders of record on June 11, 2026. In May 2026, Alamos repurchased 753,600 shares for $30.0 million under its NCIB, returning $63.6 million to shareholders year-to-date 2026. The company has paid dividends for 17 consecutive years, totaling $510 million in dividends and buybacks. A dividend reinvestment plan allows optional share receipt at a 1% discount to market.
Positive
- Quarterly dividend of US$0.04 per common share declared
- Dividend payable June 25, 2026, record date June 11, 2026
- 753,600 shares repurchased for $30.0 million under NCIB in May 2026
- Total of $63.6 million returned to shareholders year-to-date 2026
- 17 consecutive years of dividend payments, $510 million returned in total
- DRIP issues treasury shares at 1% discount with no transaction costs
Negative
- Dividend reinvestment plan may create dilution through new treasury share issuance
- Capital returned via dividends and buybacks reduces cash available for other uses
News Market Reaction – AGI
In the May 28 session, AGI gained 2.70%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Buybacks,dividends Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Nov 20 | Dividend & buyback | Positive | -4.8% | Quarterly dividend and NCIB share repurchases with higher cumulative payouts. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The last similar dividend/buyback announcement saw a negative price reaction despite shareholder-friendly capital returns, hinting at a pattern of selling into such news.
Recent updates have focused on strong financial performance, technical reports and governance. Q1 2026 delivered record revenues of $596.7 million and solid free cash flow, while filings detailed record 2025 results and major growth projects. A prior dividend and buyback announcement on Nov 20, 2025 (news_id 938881) coincided with a -4.78% move, indicating that the market has not consistently rewarded these capital return announcements despite growing cumulative shareholder payouts.
Key Terms
normal course issuer bid financial
dividend reinvestment plan financial
drip financial
eligible dividend regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
All amounts are in United States dollars, unless otherwise stated.
TORONTO, May 28, 2026 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US
Including the upcoming dividend, the Company has returned
The dividend is payable on June 25, 2026 to shareholders of record as of the close of business on June 11, 2026. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes.
Dividend Reinvestment Plan
The Company has a dividend reinvestment plan (“DRIP”) in place. This gives shareholders the option of increasing their investment in Alamos, at a discount to the prevailing market price and without incurring any transaction costs, by electing to receive common shares in place of cash dividends. For shareholders that elect to participate in the DRIP, common shares will be issued from treasury at a
Enrollment in the DRIP is optional. Further information on the plan, including the forms needed to enroll are available on the Company’s website at www.alamosgold.com/investors/Dividend-Reinvestment-Plan. In order to be eligible to participate in the June 25, 2026 dividend, enrollment must be completed by 4:00 pm ET on the fifth business day prior to the June 11, 2026 dividend record date.
About Alamos
Alamos is a Canadian-based intermediate gold producer with diversified production from three operations in North America. This includes the Island Gold District and Young-Davidson mine in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects including the IGD Expansion, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Scott K. Parsons
Senior Vice President, Corporate Development & Investor Relations
(416) 368-9932 x 5439
Khalid Elhaj
Vice President, Business Development & Investor Relations
(416) 368-9932 x 5427
ir@alamosgold.com
The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements
Certain of the statements made and information contained herein, other than statements of historical fact and historical information, is "forward-looking information" within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "will", "may", “potential” or variations of such words that certain actions, events or results "could” "might" or "will" occur or be achieved. Forward-looking statements in this press release include information regarding planned dividend payments. The declaration and payment of dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash requirements, future prospects and other factors deemed relevant by the Board of Directors. Alamos cautions that forward-looking statements are necessarily based upon several factors and assumptions that, while considered reasonable by the Company at the time of making such statements, are inherently subject to significant business, economic, legal, political and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
