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Caledonia Mining Announces New Quarterly Dividend for Shareholders

Caledonia Mining Announces New Quarterly Dividend for Shareholders

Caledonia Mining Corporation Declares Quarterly Dividend

Caledonia Mining Corporation Plc, known for its strategic approach to maximizing shareholder value, has recently announced its approval of a quarterly dividend of 14 United States cents (US$0.14) per share. This decision underscores the company's dedication to returning profits to its shareholders, aligning with its long-term financial strategy.

Key Details About the Dividend

The approved quarterly dividend will be accessible to shareholders based on the following important dates:

Ex-Dividend Dates

For those holding shares on different platforms, the ex-dividend dates are crucial. They are as follows:

  • VFEX: May 21
  • AIM: May 23
  • NYSE American: May 23

Record and Payment Dates

The record date, marking the eligibility for dividend payment, is also set for May 23, while the actual payment will be made on June 6. Shareholders based in the UK will receive their payments in Sterling, illustrating the company's effort to cater to its diverse investor base.

Caledonia's Dividend Policy

Since its adoption in 2014, Caledonia's quarterly dividend policy has been pivotal in guiding the company's actions regarding shareholder returns. The Board continuously evaluates future dividends in light of investment opportunities and its commitment to prudent risk management, demonstrating a balanced approach to growth and shareholder remuneration.

Contact Information for Inquiries

For any inquiries related to this announcement or other company matters, interested parties can reach out to:

Caledonia Mining Corporation Plc

Mark Learmonth - +44 1534 679 800
Camilla Horsfall - +44 7817 841 793

Cavendish Capital Markets Limited (Nomad and Joint Broker)

Adrian Hadden - +44 207 397 1965
Pearl Kellie - +44 131 220 9775

Panmure Liberum (Joint Broker)

Scott Mathieson/ Ailsa MacMaster - +44 20 3100 2000

Camarco, Financial PR (UK)

Gordon Poole - +44 20 3757 4980

3PPB (Financial PR, North America)

Patrick Chidley - +1 917 991 7701
Paul Durham - +1 203 940 2538

Curate Public Relations (Zimbabwe)

Debra Tatenda - +263 77802131

IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)

Lloyd Mlotshwa - +263 (242) 745 119/33/39

Frequently Asked Questions

What is the amount of the dividend declared by Caledonia Mining?

The declared dividend is 14 United States cents (US$0.14) per share.

When will the payment date for the dividend be?

The payment date is set for June 6.

Are there different ex-dividend dates for various markets?

Yes, the ex-dividend dates vary by market, with VFEX on May 21 and AIM and NYSE American on May 23.

How does Caledonia Mining ensure shareholder value?

Caledonia implements a quarterly dividend policy and regularly assesses its dividends in conjunction with its overall investment strategy.

Who should I contact for more details regarding the dividend?

For inquiries, shareholders can reach out to Mark Learmonth or Camilla Horsfall from Caledonia Mining Corporation Plc.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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