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 fourth quarter of 2024. The dividend will be paid on March 20, 2025, to shareholders who are on record as of March 5, 2025. The company noted that this dividend qualifies as an 'eligible dividend' for Canadian income tax purposes, while non-resident investors will be subject to Canadian non-resident withholding taxes.

Positive

• Consistent dividend payment maintained at US$0.03 per share
• Demonstrates company's commitment to shareholder returns

Negative

• None.

TORONTO, Feb. 12, 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 fourth quarter of 2024.

The dividend is payable on March 20, 2025, to shareholders of record as of the close of business on March 5, 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: 416-365-2761                        
investorrelations@kinross.com

Source: Kinross Gold Corporation

FAQ

What is Kinross Gold's (KGC) dividend amount for Q4 2024?

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

When is the payment date for KGC's Q4 2024 dividend?

The dividend payment date is March 20, 2025.

What is the record date for Kinross Gold's (KGC) latest dividend?

The record date for KGC's dividend is March 5, 2025.

How are KGC's dividends taxed for Canadian vs. non-resident investors?

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