Kinross Gold Corporation Announces an Increase in Dividend
Kinross Gold Corporation (TSX: K, NYSE: KGC) has recently made headlines with exciting news for its investors. The company's Board of Directors has approved a remarkable 17% increase in its annual dividend, which now stands at $0.14 per share. This move is a testament to Kinross's commitment to providing meaningful returns to its shareholders while maintaining a strong operational focus.
Details of the Q3 Dividend
Alongside the annual dividend increase, Kinross has declared its quarterly dividend for the third quarter. Each common share will receive a dividend of $0.035, scheduled for payment on December 10, 2025. Shareholders on record by November 26, 2025, will be eligible for this payout. It's important to note that this dividend qualifies as an 'eligible dividend' for Canadian income tax purposes, and non-resident investors may be subject to applicable Canadian non-resident withholding taxes.
About Kinross Gold Corporation
Headquartered in Canada, Kinross Gold Corporation is a prominent player in the global gold mining industry, boasting operations across various countries, including the United States, Brazil, Mauritania, Chile, and Canada. The company is founded on the core principles of responsible mining, focusing on operational excellence, disciplined growth, and maintaining a robust balance sheet. With listings on the Toronto Stock Exchange and the New York Stock Exchange, Kinross is recognized for its commitment to shareholder value and sustainable production.
Commitment to Shareholder Value
This significant increase in dividends reflects Kinross's ongoing commitment to delivering value to its shareholders. The company has been working diligently to enhance its operational efficiencies and expand its production capabilities. Through responsible mining practices and strategic investments, Kinross aims to ensure stable growth and profitability.
Future Outlook
Looking ahead, Kinross Gold Corporation is well-positioned to navigate the challenges and opportunities within the mining sector. As market dynamics evolve, the company's focus on innovation and sustainability will be key to sustaining its competitive edge. Investors can look forward to the continued strength of the organization's performance and its commitment to maximizing shareholder returns.
Media Contact
Samantha Sheffield
Director, Corporate Communications
phone: 416-365-3034
Email: Samantha.Sheffield@Kinross.com
Investor Relations Contact
David Shaver
Senior Vice-President, Investor Relations & Communications
phone: 416-365-2854
Email: InvestorRelations@Kinross.com
Frequently Asked Questions
What is the new dividend amount declared by Kinross?
Kinross has announced a new annual dividend of $0.14 per share, indicating a 17% increase.
When is the Q3 dividend payment scheduled?
The Q3 dividend is set for payment on December 10, 2025, to eligible shareholders.
Is the dividend taxable for Canadian shareholders?
Yes, the dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.
Which stock exchanges list Kinross Gold Corporation?
Kinross is listed on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).
What is Kinross's strategy for growth?
Kinross focuses on operational excellence, responsible mining practices, and disciplined growth to enhance shareholder value.
