Caledonia Mining Corporation Approves Quarterly Dividend
Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) has announced that its board of directors has approved a quarterly dividend of 14 United States cents (US$0.14) for each share. This decision reflects the Company's ongoing commitment to enhancing shareholder value and is an integral part of its broader financial strategy.
Key Dates for the Dividend
The important dates associated with the dividend payout are as follows:
Dividend Timeline Details
- Ex-dividend date for VFEX: November 20
- Ex-dividend date for AIM: November 21
- Ex-dividend date for NYSE American: November 22
- Record date: November 22
- Payment date: December 6
It is noteworthy for shareholders with a registered address in the UK that dividends will be disbursed in Sterling, aligning with the Company’s efforts to streamline shareholder engagement.
Caledonia's Ongoing Commitment to Shareholder Value
Caledonia has been steadfast in its approach to building shareholder value through effective management and strategic decision-making. Since adopting its quarterly dividend policy in 2014, the Company’s Board has evaluated future dividend disbursements based on the prevailing financial landscape, ensuring that each decision reflects a balance of risk management and investment opportunities.
Dividend Policy Overview
This policy reaffirms Caledonia’s mission to maintain a sustainable growth path while responsibly returning profits to shareholders. The Board is consistently committed to evaluating dividends, ensuring alignment with the Company’s financial health and future investment plans.
Company Contact Information
For further inquiries, shareholders and interested parties can reach out to:
Caledonia Mining Corporation Plc
Mark Learmonth
Camilla Horsfall
Tel: +44 1534 679 800
Tel: +44 7817 841 793
Cavendish Capital Markets Limited (Nomad and Joint Broker)
Adrian Hadden
Pearl Kellie
Tel: +44 207 397 1965
Tel: +44 131 220 9775
Panmure Liberum (Joint Broker)
Scott Mathieson/Matt Hogg
Tel: +44 20 3100 2000
Camarco, Financial PR (UK)
Gordon Poole
Tel: +44 20 3757 4980
3PPB (Financial PR, North America)
Patrick Chidley
Paul Durham
Tel: +1 917 991 7701
Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe)
Debra Tatenda
Tel: +263 77802131
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)
Lloyd Mlotshwa
Tel: +263 (242) 745 119/33/39
Frequently Asked Questions
What is the quarterly dividend amount announced by Caledonia?
The quarterly dividend is set at 14 United States cents (US$0.14) per share.
When will shareholders receive the dividend?
Shareholders can expect to receive the dividend payment on December 6, following the relevant record date of November 22.
In which currency will UK shareholders receive dividends?
Shareholders with a registered UK address will receive their dividends in Sterling.
How often does Caledonia declare dividends?
Caledonia has adopted a quarterly dividend policy, allowing for four dividend declarations each year based on financial performance.
Who can be contacted for inquiries regarding Caledonia?
Inquiries can be directed to Mark Learmonth or Camilla Horsfall at Caledonia Mining Corporation.
