Kinross announces 17% annual increase to cash dividend and declares Q3 dividend

Rhea-AI Summary

Kinross (NYSE: KGC) announced a 17% annual increase to its cash dividend, bringing the annualized dividend to $0.14 per share. The board also declared a Q3 2025 quarterly dividend of $0.035 per common share, payable on December 10, 2025 to shareholders of record as of the close of business on November 26, 2025. The dividend qualifies as an eligible dividend for Canadian tax purposes. Dividends paid to shareholders outside Canada will be subject to Canadian non-resident withholding taxes.

Positive

• Dividend increased 17% to $0.14 annualized
• Q3 2025 dividend set at $0.035 per share payable Dec 10, 2025
• Eligible dividend status for Canadian tax treatment

Negative

• Non-resident withholding taxes apply to shareholders outside Canada

News Market Reaction – KGC

+7.12%

7 alerts

+7.12% News Effect

+$1.95B Valuation Impact

$29.33B Market Cap

0.1x Rel. Volume

On the day this news was published, KGC gained 7.12%, reflecting a notable positive market reaction. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $1.95B to the company's valuation, bringing the market cap to $29.33B at that time.

Data tracked by StockTitan Argus on the day of publication.

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)

TORONTO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (the “Company”) is pleased to announce that the Company’s Board of Directors has approved a 17% increase to its longstanding dividend, which will amount to $0.14 per share on an annualized basis. The Board of Directors has also approved the Company’s quarterly dividend for the third quarter of 2025.

The quarterly dividend of $0.035 per common share is payable on December 10, 2025, to shareholders of record as of the close of business on November 26, 2025. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

About Kinross Gold Corporation

Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).

Media Contact
Samantha Sheffield
Director, Corporate Communications
phone: 416-365-3034
Samantha.Sheffield@Kinross.com

Investor Relations Contact
David Shaver  
Senior Vice-President, Investor Relations & Communications 
phone: 416-365-2854 
InvestorRelations@Kinross.com

Source: Kinross Gold Corporation

FAQ

What did Kinross (KGC) announce about its dividend on November 4, 2025?

The board approved a 17% increase to the annual dividend to $0.14 per share and declared a $0.035 quarterly dividend for Q3 2025.

When is Kinross (KGC) paying the Q3 2025 dividend and who is eligible?

The Q3 2025 dividend of $0.035 per share is payable on December 10, 2025 to shareholders of record as of November 26, 2025.

Does the Kinross (KGC) dividend qualify for Canadian tax treatment?

Yes. The dividend qualifies as an eligible dividend for Canadian income tax purposes.

Will non-Canadian shareholders of Kinross (KGC) face taxes on the dividend?

Yes. Dividends paid to shareholders outside Canada are subject to Canadian non-resident withholding taxes.

How much is Kinross (KGC)'s new annualized dividend per share after the increase?

The annualized dividend after the 17% increase is $0.14 per share.