Centerra Gold Announces Quarterly Dividend of C$0.07 per Common Share
Rhea-AI Summary
Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) has announced a quarterly dividend of C$0.07 per common share, totaling approximately C$14.9 million or US$10.9 million. The dividend will be payable on August 29, 2024, to shareholders of record as of the close of business on August 15, 2024. This dividend is considered eligible for Canadian income tax purposes. Centerra's Board of Directors determines the timing and amount of dividends based on factors such as operating results, cash flow, financial conditions, capital requirements, and general business conditions.
Positive
- Quarterly dividend of C$0.07 per common share announced
- Total dividend payout of approximately C$14.9 million or US$10.9 million
- Dividend is eligible for Canadian income tax purposes
Negative
- None.
News Market Reaction – CGAU
In the trading session that priced this news, CGAU gained 1.98%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TORONTO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that its Board of Directors has approved a quarterly dividend of C
In accordance with Centerra’s dividend policy, the timing and quantum of dividends are to be determined by the Board of Directors from time-to-time based on, among other things, the Company’s operating results, cash flow and financial conditions, current and anticipated capital requirements, and general business conditions.
About Centerra Gold
Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra’s shares trade on the Toronto Stock Exchange (“TSX”) under the symbol CG and on the New York Stock Exchange (“NYSE”) under the symbol CGAU. The Company is based in Toronto, Ontario, Canada.
For more information:
Lisa Wilkinson
Vice President, Investor Relations & Corporate Communications
(416) 204-3780
lisa.wilkinson@centerragold.com
Lana Pisarenko
Senior Manager, Investor Relations
(416) 204-1957
lana.pisarenko@centerragold.com
Additional information on Centerra is available on the Company’s website at www.centerragold.com, on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.
