Centerra Gold's Strategic Dividend Approval Announcement

Author: Evelyn Baker Updated: 08-06-2025 05:19 PM

Centerra Gold Announces Quarterly Dividend

Centerra Gold Inc., recognized for its robust mining operations, has received approval from its Board of Directors for a quarterly dividend of C$0.07 per common share. This decision translates into an impressive total of approximately C$14.3 million or US$10.5 million aimed at rewarding shareholders.

Key Financial Insights

The upcoming dividend is scheduled for payment on a specified date to shareholders who are on record as of the previously mentioned cutoff. It's noteworthy that this qualifying dividend is deemed eligible under Canadian income tax regulations.

Understanding the Dividend Policy

Centerra adheres to an established dividend policy which emphasizes that the timing and magnitude of dividends will be regularly assessed by the Board of Directors. Several factors, including the company’s financial performance, cash flow, capital requirements, and overall market conditions, will influence future dividend announcements.

About Centerra Gold Inc.

Centerra Gold Inc. stands as a leading mining company specializing in gold and copper exploration and production. The company operates two mines: the renowned Mount Milligan Mine located in British Columbia and the Öksüt Mine situated in Türkiye. Furthermore, Centerra possesses various development and exploration projects, including the Kemess Project based in British Columbia and the Goldfield Project in Nevada, USA. Centerra’s commitment to quality and sustainability sets it apart in this competitive industry.

Shareholder Focus and Future Outlook

As part of its ongoing commitment to shareholders, Centerra continues to evaluate how best to enhance value. This involves not only examining dividend policies but also looking towards future growth opportunities. The company remains dynamic in the face of market challenges, ensuring it maintains a strong liquidity position while investing strategically for long-term benefits.

For More Information

For further inquiries or detailed information, please reach out to:

Lisa Wilkinson
Vice President, Investor Relations & Corporate Communications
(416) 204-3780
Lisa.Wilkinson@centerragold.com

Frequently Asked Questions

What is the declared dividend by Centerra Gold?

Centerra Gold has declared a quarterly dividend of C$0.07 per common share.

When will the dividend be paid?

The dividend is scheduled to be payable on a specified date to shareholders who hold shares as of a particular cutoff date.

What factors influence the dividend decisions of Centerra?

The Board of Directors considers operational results, cash flow, financial conditions, capital requirements, and general business conditions.

Where can I find more information about Centerra Gold?

For detailed information, you can check the company’s official site or contact their corporate communications.

What do the stock symbols CG and CGAU represent?

CG represents Centerra Gold on the Toronto Stock Exchange, while CGAU is its symbol on the New York Stock Exchange.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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