Alamos Gold Declares Quarterly Dividend
Alamos Gold Inc. (TSX: AGI; NYSE: AGI) has made a significant announcement regarding its financial strategy, stating that its Board of Directors has officially declared a quarterly dividend of US$0.025 per common share. This is a promising indicator of the company’s stability and ongoing commitment to returning value to its shareholders.
Share Repurchase Program Highlights
In addition to the dividend declaration, the company has actively engaged in a share repurchase program under its Normal Course Issuer Bid (NCIB). In November alone, Alamos repurchased 928,729 shares, totaling approximately $28.8 million at an average price of $30.96 per share. This initiative not only reflects management’s confidence in the company's future but also underscores a strategy to optimize shareholder value.
Year-to-Date Financial Overview
For the year to date, Alamos Gold has successfully repurchased a total of 1,326,929 shares for $38.8 million. When combined with the dividends paid, the total amount returned to shareholders in 2025 has reached an impressive $81 million through dividends and share repurchases. This marks 16 consecutive years of dividend payments, with the company having returned an astounding $447 million to its shareholders during this timeframe.
Details on the Upcoming Dividend Payment
The upcoming dividend is set to be paid on December 18, 2025, with shareholders of record identified as of the close of business on December 4, 2025. It is worth noting that this dividend qualifies as an 'eligible dividend' for Canadian income tax purposes, adding further appeal for investors.
Dividend Reinvestment Plan (DRIP)
Alamos offers a Dividend Reinvestment Plan (DRIP) which allows shareholders to reinvest their cash dividends to purchase additional common shares of the company at a discount. Specifically, those participating can acquire shares at a 1% discount from the prevailing market price, providing an attractive alternative to cash dividends.
Enrollment and Eligibility for DRIP
Participation in the DRIP is entirely optional, and interested shareholders can find further details and enrollment forms on the company’s official website. To be eligible for the dividend scheduled for December 18, enrollment in the DRIP must be completed by 4:00 PM ET on the fifth business day preceding the record date of December 4, 2025.
Company Overview
Alamos Gold is a renowned Canadian intermediate gold producer known for its diversified operations across North America. The company has established a solid production base through its three primary operations, which include the Island Gold District and Young-Davidson mine in Ontario, Canada, as well as the Mulatos District in Sonora, Mexico. Furthermore, Alamos possesses an extensive portfolio of growth projects, including the Phase 3+ Expansion at Island Gold and the Lynn Lake project in Manitoba, Canada.
Commitment to Sustainability
The company prides itself on its commitment to sustainable development, employing over 2,400 individuals across its operations and underscoring its role as a responsible player in the gold mining industry.
Contact Information
For more information, interested parties can contact:
Scott K. Parsons
Senior Vice President, Corporate Development & Investor Relations
(416) 368-9932 x 5439
Khalid Elhaj
Vice President, Business Development & Investor Relations
(416) 368-9932 x 5427
ir@alamosgold.com
Frequently Asked Questions
What is the value of Alamos Gold's declared dividend?
The declared dividend is US$0.025 per common share.
How many shares did Alamos Gold repurchase in November?
In November, Alamos Gold repurchased 928,729 shares at a total cost of $28.8 million.
What is the total amount returned to shareholders in 2025?
As of now, Alamos has returned approximately $81 million to its shareholders in 2025 through dividends and share repurchases.
What is the deadline for enrolling in the Dividend Reinvestment Plan?
Enrollment in the DRIP must be completed by 4:00 PM ET on the fifth business day prior to the December 4 record date.
Where can shareholder information and enrollment forms for the DRIP be found?
Shareholders can find information and forms for the DRIP on Alamos Gold's official website.
