Kinross declares quarterly dividend

Rhea-AI Summary

Kinross Gold (TSX: K; NYSE: KGC) has announced a quarterly dividend declaration of US$0.03 per common share for the third quarter of 2024. The dividend will be paid on December 12, 2024, to shareholders recorded at the close of business on November 28, 2024. The dividend qualifies as an 'eligible dividend' for Canadian tax purposes, while non-resident investors will be subject to Canadian non-resident withholding taxes.

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• Maintained quarterly dividend of US$0.03 per share, demonstrating consistent shareholder returns

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• None.

TORONTO, Nov. 05, 2024 (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 third quarter of 2024.

The dividend is payable on December 12, 2024, to shareholders of record as of the close of business on November 28, 2024. 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

Investor Relations Contact
David Shaver
Senior Vice-President
phone: 416-365-2761 
investorrelations@kinross.com

Source: Kinross Gold Corporation

FAQ

What is Kinross Gold's (KGC) dividend amount for Q3 2024?

Kinross Gold (KGC) declared a dividend of US$0.03 per common share for the third quarter of 2024.

When is Kinross Gold's (KGC) Q3 2024 dividend payment date?

The Q3 2024 dividend will be paid on December 12, 2024, to shareholders of record as of November 28, 2024.

Are Kinross Gold's (KGC) 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.