Kinross Gold Announces Fourth Quarter Dividend Payout Plans
Kinross Gold Corporation Declares Quarterly Dividend
Kinross Gold Corporation (TSX: K; NYSE: KGC) recently shared some exciting news for its shareholders. The Company’s Board of Directors has officially declared a dividend of US$0.03 for each common share. This announcement is a testament to Kinross's commitment to rewarding its investors with consistent returns.
Dividend Payment Details
This declared dividend will be payable on a specific date, March 20 of the upcoming year, to those shareholders on record as of March 5. For many investors, this dividend serves not only as a financial return but also as an assurance of the Company’s solid performance over the quarter.
Tax Implications
It's essential to note that this dividend qualifies as an “eligible dividend” for Canadian income tax purposes. However, shareholders residing outside Canada should be aware that any dividends received will be subject to Canadian non-resident withholding taxes. It is advisable for investors to consult with tax professionals to understand the implications fully.
About Kinross Gold Corporation
Kinross Gold Corporation is a leading player in the global gold mining sector. Headquartered in Canada, the Company operates several mining initiatives nearby and across various countries, including the United States, Brazil, Mauritania, and Chile.
Core Values and Mission
At the heart of Kinross's operations is a commitment to responsible mining, operational excellence, and sustainable growth. By prioritizing these values, Kinross aims to create long-term value for its stakeholders. The Company continuously focuses on enhancing its balance sheet strength while implementing disciplined growth strategies.
Corporate Contacts
For those who may have further inquiries regarding Kinross Gold Corporation, the media contact is Victoria Barrington, the Senior Director of Corporate Communications, who can be reached at phone number 647-788-4153 or via email at victoria.barrington@kinross.com.
Investor Relations
Similarly, for investor-related queries, David Shaver, the Senior Vice-President of Investor Relations & Communications, is available. His contact number is 416-365-2761, and he can also be reached through email at investorrelations@kinross.com.
Future Expectations
Looking ahead, Kinross Gold Corporation is poised to maintain its growth trajectory and enhance shareholder value through its robust operational strategies. The ongoing projects and investments in mining technology underpin its strategic approach to increasing gold production while minimizing environmental footprints.
Frequently Asked Questions
What dividend has Kinross Gold declared?
Kinross Gold has declared a dividend of US$0.03 per common share for the fourth quarter.
When will the dividend be payable?
The dividend is scheduled to be paid on March 20, 2025.
Who qualifies for the dividend?
Shareholders on record as of March 5, 2025, will qualify for the dividend payout.
What are the tax implications for shareholders?
Dividends are treated as “eligible dividends” for Canadian tax purposes and may be subject to withholding taxes for non-resident shareholders.
How can investors get in touch with Kinross?
Investors can contact Victoria Barrington for media inquiries and David Shaver for investor relations through the provided email addresses and phone numbers.
About The Author
Contact Thomas Cooper privately here. Or send an email with ATTN: Thomas Cooper as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
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.