Kinross declares quarterly dividend
Rhea-AI Summary
Kinross Gold (NYSE:KGC) has announced a quarterly dividend declaration of US$0.03 per common share for Q2 2025. The dividend will be paid on September 4, 2025, to shareholders of record as of August 21, 2025. The dividend qualifies as an "eligible dividend" for Canadian tax purposes, while non-resident investors will be subject to Canadian withholding taxes.
Positive
- Consistent dividend payment maintained at US$0.03 per share
- Company maintains shareholder return program despite market conditions
Negative
- None.
News Market Reaction
On the day this news was published, KGC gained 3.76%, reflecting a moderate positive market reaction. Argus tracked a peak move of +2.3% during that session. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $729M to the company's valuation, bringing the market cap to $20.13B at that time.
Data tracked by StockTitan Argus on the day of publication.
TORONTO, July 30, 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
The dividend is payable on September 4, 2025, to shareholders of record as of the close of business on August 21, 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