Kinross declares quarterly dividend

Rhea-AI Summary

Kinross Gold Corporation (NYSE: KGC) has announced a quarterly dividend declaration of US$0.03 per common share for Q1 2025. The dividend will be paid on June 12, 2025, to shareholders recorded as of May 29, 2025. The company noted that this dividend qualifies as an "eligible dividend" for Canadian tax purposes, while non-resident investors will be subject to Canadian non-resident withholding taxes.

Positive

• Regular dividend payment demonstrates financial stability and commitment to shareholder returns
• Consistent quarterly dividend of $0.03 per share maintained

Negative

• None.

News Market Reaction

+2.70%

1 alert

+2.70% News Effect

On the day this news was published, KGC gained 2.70%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the first quarter of 2025.

The dividend is payable on June 12, 2025, to shareholders of record as of the close of business on May 29, 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
Victoria Barrington
Senior Director, Corporate Communications
phone: 647-788-4153
victoria.barrington@kinross.com

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

Source: Kinross Gold Corporation

FAQ

What is the dividend amount for Kinross Gold (KGC) in Q1 2025?

Kinross Gold (KGC) declared a dividend of US$0.03 per common share for Q1 2025.

When is the dividend payment date for Kinross Gold's Q1 2025 dividend?

The Q1 2025 dividend will be paid on June 12, 2025, to shareholders of record as of May 29, 2025.

Are Kinross Gold's dividends eligible for Canadian tax purposes?

Yes, the dividend qualifies as an 'eligible dividend' for Canadian income tax purposes, while non-resident investors are subject to Canadian withholding taxes.

What is the dividend record date for Kinross Gold's Q1 2025 payment?

The dividend record date is May 29, 2025, at the close of business.