MAG Announces Dividend Policy and Inaugural Dividend
MAG Silver Corp (TSX/NYSE American: MAG) has announced its new dividend policy featuring quarterly fixed dividends of $0.02 per share. The company will supplement this with an additional cash flow linked dividend when silver prices exceed $20 per ounce, targeting approximately 30% of cash flows from Juanicipio operations.
The company has declared an inaugural dividend of $0.18 per share, comprising a $0.02 fixed component and a $0.16 cash flow linked component, reflecting 30% of the $53.85 million received from Juanicipio in Q4 2024. The dividend will be payable on April 21, 2025 to shareholders of record as of April 4, 2025.
The dividend qualifies as an eligible dividend under the Income Tax Act (Canada). Future dividend declarations will be subject to Board approval and may be adjusted based on various factors including financial position, profitability, and cash flow.
MAG Silver Corp (TSX/NYSE American: MAG) ha annunciato la sua nuova politica sui dividendi che prevede dividendi fissi trimestrali di $0.02 per azione. L'azienda integrerà questo con un dividendo aggiuntivo legato ai flussi di cassa quando i prezzi dell'argento superano i $20 per oncia, puntando a circa 30% dei flussi di cassa dalle operazioni di Juanicipio.
L'azienda ha dichiarato un dividendo inaugurale di $0.18 per azione, composto da una componente fissa di $0.02 e una componente legata ai flussi di cassa di $0.16, che riflette il 30% dei $53.85 milioni ricevuti da Juanicipio nel quarto trimestre del 2024. Il dividendo sarà pagabile il 21 aprile 2025 agli azionisti registrati al 4 aprile 2025.
Il dividendo è qualificato come un dividendo idoneo ai sensi della Legge sul Reddito (Canada). Le future dichiarazioni di dividendo saranno soggette all'approvazione del Consiglio e potrebbero essere adeguate in base a vari fattori, tra cui la posizione finanziaria, la redditività e i flussi di cassa.
MAG Silver Corp (TSX/NYSE American: MAG) ha anunciado su nueva política de dividendos que presenta dividendos fijos trimestrales de $0.02 por acción. La compañía complementará esto con un dividendo adicional vinculado a los flujos de efectivo cuando los precios de la plata superen los $20 por onza, apuntando aproximadamente al 30% de los flujos de efectivo de las operaciones de Juanicipio.
La compañía ha declarado un dividendo inaugural de $0.18 por acción, que consta de un componente fijo de $0.02 y un componente vinculado a los flujos de efectivo de $0.16, reflejando el 30% de los $53.85 millones recibidos de Juanicipio en el cuarto trimestre de 2024. El dividendo se pagará el 21 de abril de 2025 a los accionistas registrados al 4 de abril de 2025.
El dividendo califica como un dividendo elegible bajo la Ley del Impuesto sobre la Renta (Canadá). Las futuras declaraciones de dividendos estarán sujetas a la aprobación de la Junta y pueden ajustarse en función de varios factores, incluyendo la posición financiera, la rentabilidad y los flujos de efectivo.
MAG Silver Corp (TSX/NYSE American: MAG)는 분기별 고정 배당금 $0.02 per share를 포함하는 새로운 배당 정책을 발표했습니다. 회사는 은 가격이 온스당 $20를 초과할 때 추가 현금 흐름 연동 배당금을 보충할 예정이며, 이는 Juanicipio 운영에서 발생하는 현금 흐름의 약 30%를 목표로 하고 있습니다.
회사는 첫 배당금으로 주당 $0.18을 선언했으며, 이는 $0.02의 고정 구성 요소와 $0.16의 현금 흐름 연동 구성 요소로 구성되어 있으며, 2024년 4분기 Juanicipio에서 수령한 $53.85 백만의 30%를 반영합니다. 배당금은 2025년 4월 21일에 2025년 4월 4일 기준 주주에게 지급될 예정입니다.
이 배당금은 소득세법(캐나다)에 따라 적격 배당금으로 분류됩니다. 향후 배당금 선언은 이사회 승인에 따라 달라질 수 있으며, 재무 상태, 수익성 및 현금 흐름을 포함한 다양한 요인에 따라 조정될 수 있습니다.
MAG Silver Corp (TSX/NYSE American: MAG) a annoncé sa nouvelle politique de dividendes, qui prévoit des dividendes fixes trimestriels de $0.02 par action. La société complétera cela par un dividende supplémentaire lié aux flux de trésorerie lorsque les prix de l'argent dépasseront $20 l'once, visant environ 30% des flux de trésorerie des opérations de Juanicipio.
La société a déclaré un dividende inaugural de $0.18 par action, composé d'une composante fixe de $0.02 et d'une composante liée aux flux de trésorerie de $0.16, reflétant 30% des $53.85 millions reçus de Juanicipio au quatrième trimestre 2024. Le dividende sera payable le 21 avril 2025 aux actionnaires inscrits au 4 avril 2025.
Le dividende est éligible en tant que dividende admissible selon la Loi de l'impôt sur le revenu (Canada). Les déclarations de dividendes futures seront soumises à l'approbation du Conseil et pourront être ajustées en fonction de divers facteurs, y compris la situation financière, la rentabilité et les flux de trésorerie.
MAG Silver Corp (TSX/NYSE American: MAG) hat seine neue Dividendenpolitik bekannt gegeben, die vierteljährliche feste Dividenden von $0.02 pro Aktie vorsieht. Das Unternehmen wird dies mit einer zusätzlichen, an den Cashflows orientierten Dividende ergänzen, wenn die Silberpreise $20 pro Unze übersteigen, wobei etwa 30% der Cashflows aus den Juanicipio-Operationen angestrebt werden.
Das Unternehmen hat eine erste Dividende von $0.18 pro Aktie erklärt, die aus einer festen Komponente von $0.02 und einer an den Cashflows orientierten Komponente von $0.16 besteht, was 30% der $53.85 Millionen widerspiegelt, die im vierten Quartal 2024 von Juanicipio erhalten wurden. Die Dividende wird am 21. April 2025 an die Aktionäre ausgezahlt, die am 4. April 2025 im Aktienregister stehen.
Die Dividende qualifiziert sich als eine berechtigte Dividende gemäß dem Einkommenssteuergesetz (Kanada). Zukünftige Dividendenerklärungen unterliegen der Genehmigung des Vorstands und können basierend auf verschiedenen Faktoren, einschließlich finanzieller Lage, Rentabilität und Cashflow, angepasst werden.
- Introduction of regular quarterly dividend payments of $0.02 per share
- Additional cash flow linked dividend when silver prices exceed $20/oz
- Substantial inaugural dividend of $0.18 per share
- Strong Q4 2024 cash flow of $53.85 million from Juanicipio operations
- Commitment to return approximately 30% of Juanicipio cash flows to shareholders
- Future dividends subject to Board discretion and various financial conditions
- Non-resident investors subject to Canadian withholding taxes
All amounts herein are reported in United States dollars (“US$”) unless otherwise specified
VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces that its Board of Directors (“Board”) has adopted a dividend policy for the Company under which the Company intends to pay quarterly fixed dividends of
MAG declares an inaugural fixed dividend of
“The announcement of our dividend policy and inaugural dividend is a major milestone for MAG and validates our confidence in the overall strength and sustainability of our business,” said George Paspalas, President and CEO. “This inaugural dividend, with both fixed and cash flow linked components, demonstrates our dedication to delivering consistent value while sharing Juanicipio’s operational and financial success with our shareholders.”
The declaration, timing, amount, and payment of future dividends will be subject to the discretion and approval of the Board of Directors. The Company will review the dividend program on an ongoing basis and may amend it at any time depending on the Company’s then current financial position, capital allocation framework, profitability, cash flow, debt covenant compliance, legal requirements and other factors considered relevant. As such, aside from the Inaugural Dividend, no assurances can be made that any future dividends will be declared and/or paid. Dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.
About MAG Silver Corp.
MAG Silver Corp. is a growth-oriented Canadian mining and exploration company focused on advancing high-grade, district scale precious metals projects in the Americas. MAG is emerging as a top-tier primary silver mining company through its (
Neither the Toronto Stock Exchange nor the NYSE American has reviewed or accepted responsibility for the accuracy or adequacy of this press release, which has been prepared by management.
This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995 or “forward-looking information” within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”), including statements regarding: the declaration, timing, amount, and payment of future dividends, including future cashflow-linked dividends and future periodic dividends pursuant to the Company’s dividend policy; future amendments to the Company’s dividend program; the tax treatment of the Inaugural Dividend for non-resident investors; the continuation and maintenance of the Juanicipio plant’s 4,000 tpd design capacity, and the anticipated cash flow and value generation arising therefrom; and the Company’s expectations towards completion of the exploration plans at the Larder and the Deer Trail Projects. All statements in this release, other than statements of historical facts are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements identified herein include, but are not limited to, commodities prices, changes in expected mineral production performance, risks relating to the operation of the Juanicipio Mine and the Company's minority interest in the same, risks relating to the Company’s business operations, risks relating to the Company’s property titles, risks related to receipt of required regulatory approvals, changes in applicable laws, continued availability of capital and financing, and general economic, market or business conditions, environmental risk, political risk, risks relating to tariff and trade protectionism measures, currency risk and capital cost inflation. In addition, forward-looking statements are subject to various risks, including those risks disclosed in MAG Silver’s filings with the Securities Exchange Commission (the “SEC”) and Canadian securities regulators. All forward- looking statements contained herein are made as at the date hereof and MAG Silver undertakes no obligation to update the forward-looking statements contained herein. There is no certainty that any forward-looking statement will come to pass, and investors should not place undue reliance upon forward-looking statements.
Please Note: Investors are urged to consider closely the disclosures in MAG's annual and quarterly reports and other public filings, accessible through the internet at www.sedarplus.ca and www.sec.gov.
For further information on behalf of MAG Silver Corp., please contact Fausto Di Trapani, Chief Financial Officer. Phone: (604) 630-1399 Toll Free: (866) 630-1399 Email: info@magsilver.com
FAQ
What is the total amount of MAG Silver's inaugural dividend payment?
When will MAG Silver pay its first dividend and what is the record date?
How does MAG Silver's cash flow linked dividend component work?
What is MAG Silver's quarterly fixed dividend amount under the new policy?
How much cash flow did MAG receive from Juanicipio in Q4 2024?
