Quarterly Dividend Announcement by Alamos Gold
All figures mentioned are in United States dollars unless specified otherwise.
In a recent announcement, Alamos Gold Inc. (TSX:AGI; NYSE:AGI) has revealed a significant update regarding its shareholder value strategies. The Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. This declaration underlines Alamos Gold's commitment to returning value to its shareholders.
As of now, Alamos has successfully repurchased 928,729 shares, amounting to a substantial $28.8 million, which breaks down to $30.96 per share, under its Normal Course Issuer Bid (NCIB) initiated this month. This initiative is part of a broader strategy that has allowed the Company to buy back a total of 1,326,929 shares valued at $38.8 million year-to-date. When combined with the upcoming dividend, Alamos Gold has returned an impressive $81 million to its shareholders through both dividends and share repurchases throughout the year.
The announcement continues to highlight a lengthy history of profitability and commitment, as Alamos Gold has consistently paid dividends for 16 consecutive years. Over this period, the Company has returned a remarkable $447 million to shareholders through dividends and share buybacks.
Details of the Dividend Payment
The declared dividend is set to be payable on December 18, 2025, to all shareholders recorded by the closing of business on December 4, 2025. This dividend will also qualify as an “eligible dividend” for Canadian income tax purposes, which is a significant advantage for local shareholders.
Investment Opportunities Through the Dividend Reinvestment Plan
Alamos Gold has laid out a beneficial option for its shareholders through a dividend reinvestment plan (DRIP). This program allows shareholders to reinvest their dividends into additional common shares at a 1% discount off the prevailing market price. This offers a great incentive for those looking to increase their investment in Alamos without incurring typical transaction fees.
Enrollment into the DRIP is optional, allowing flexibility for shareholders. Those wishing to participate must complete their enrollment by 4:00 PM ET on the fifth business day prior to the record date mentioned earlier.
About Alamos Gold Inc.
Alamos Gold Inc. is an esteemed Canadian-based intermediate gold producer with diversified operations located across North America. The company boasts production from two major locations: the Island Gold District and the Young-Davidson mine situated in northern Ontario, Canada, as well as the Mulatos District located in Sonora State, Mexico.
In addition to its robust operations, Alamos Gold has a solid pipeline of growth projects, including the notable Phase 3+ Expansion at Island Gold and the Lynn Lake project in Manitoba, Canada. With over 2,400 employees, the company prides itself on maintaining high standards of sustainable development while remaining committed to ethical mining practices. The shares of Alamos Gold are actively traded on both the TSX and NYSE under the ticker symbol “AGI.”
For additional inquiries, please 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 Alamos Gold’s latest dividend declaration?
Alamos Gold has recently declared a quarterly dividend of US$0.025 per common share.
How much has Alamos Gold returned to shareholders this year?
This year, the company has returned a total of $81 million to shareholders through dividends and share buybacks.
When will the dividend be payable?
The dividend is scheduled to be payable on December 18, 2025, to shareholders on record as of December 4, 2025.
What is the purpose of the Dividend Reinvestment Plan (DRIP)?
The DRIP allows shareholders to reinvest their dividends in additional shares at a 1% discount, allowing them to increase their investment at low costs.
Where does Alamos Gold operate?
Alamos Gold operates in various locations across North America including Ontario, Canada, and Sonora, Mexico. They own multiple mines and have a variety of growth projects.
