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Alamos Gold Declares Quarterly Dividend

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Alamos Gold Inc. (TSX:AGI; NYSE:AGI) has declared a quarterly dividend of US$0.025 per common share, payable on September 26, 2024, to shareholders of record as of September 12, 2024. This marks the company's 15th consecutive year of dividend payments, with a total of $354 million returned to shareholders through dividends and share buybacks, including $30 million in 2024. Alamos has also implemented a Dividend Reinvestment Plan (DRIP), allowing shareholders to increase their investment by receiving common shares instead of cash dividends at a 3% discount to the prevailing market price. The DRIP enrollment deadline for the September 26 dividend is five business days prior to the September 12 record date.

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) ha dichiarato un dividendo trimestrale di US$0,025 per azione ordinaria, pagabile il 26 settembre 2024, agli azionisti registrati al 12 settembre 2024. Questo segna il 15° anno consecutivo di pagamenti di dividendi per la società, con un totale di 354 milioni di dollari restituiti agli azionisti tramite dividendi e riacquisti di azioni, inclusi 30 milioni di dollari nel 2024. Alamos ha anche implementato un Piano di Riutilizzo del Dividendo (DRIP), che consente agli azionisti di aumentare il proprio investimento ricevendo azioni ordinarie invece di dividendi in contante con uno sconto del 3% sul prezzo di mercato corrente. La scadenza per l'iscrizione al DRIP per il dividendo del 26 settembre è fissata cinque giorni lavorativi prima della data di registrazione del 12 settembre.

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) ha declarado un dividendo trimestral de US$0.025 por acción ordinaria, pagadero el 26 de septiembre de 2024, a los accionistas registrados al 12 de septiembre de 2024. Esto marca el 15° año consecutivo de pagos de dividendos para la compañía, con un total de 354 millones de dólares devueltos a los accionistas a través de dividendos y recompra de acciones, incluyendo 30 millones de dólares en 2024. Alamos también ha implementado un Plan de Reinvención de Dividendos (DRIP), permitiendo a los accionistas aumentar su inversión recibiendo acciones ordinarias en vez de dividendos en efectivo con un descuento del 3% sobre el precio de mercado actual. La fecha límite para la inscripción en el DRIP para el dividendo del 26 de septiembre es cinco días hábiles antes de la fecha de registro del 12 de septiembre.

Alamos Gold Inc. (TSX:AGI; NYSE:AGI)는 주당 0.025달러(US$)의 분기 배당금을 발표했으며, 2024년 9월 26일에 2024년 9월 12일 기준의 주주들에게 지급됩니다. 이는 회사의 15년 연속 배당금 지급을 의미하며, 배당금 및 자사주 매입을 통해 주주에게 반환된 총액은 3억 5400만 달러에 이르며, 이 중 2024년에는 3000만 달러가 포함되어 있습니다. Alamos는 또한 배당금 재투자 계획(DRIP)을 시행하여 주주들이 현금 배당이 아닌 보통주로 재투자를 통해 3% 할인을 받아 투자 규모를 늘릴 수 있도록 하고 있습니다. 9월 26일 배당금의 DRIP 등록 마감일은 9월 12일 기록일 5영업일 전에 설정되어 있습니다.

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) a déclaré un dividende trimestriel de 0,025 USD par action ordinaire, payable le 26 septembre 2024, aux actionnaires inscrits au 12 septembre 2024. Cela marque la 15ème année consécutive de paiements de dividendes pour l'entreprise, avec un total de 354 millions de dollars retournés aux actionnaires par le biais de dividendes et de rachats d'actions, dont 30 millions de dollars en 2024. Alamos a également mis en place un Plan de Réinvestissement des Dividendes (DRIP), permettant aux actionnaires d'augmenter leur investissement en recevant des actions ordinaires au lieu de dividendes en espèces avec un rabais de 3% par rapport au prix du marché en cours. La date limite d'inscription au DRIP pour le dividende du 26 septembre est fixée à cinq jours ouvrables avant la date d'enregistrement du 12 septembre.

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) hat eine vierteljährliche Dividende von 0,025 USD pro Stammaktie erklärt, die am 26. September 2024 an die zum 12. September 2024 registrierten Aktionäre zahlbar ist. Dies markiert das 15. aufeinanderfolgende Jahr der Dividendenzahlungen für das Unternehmen, insgesamt wurden 354 Millionen USD an die Aktionäre durch Dividenden und Aktienrückkäufe zurückgegeben, einschließlich 30 Millionen USD im Jahr 2024. Alamos hat auch einen Dividenden-Reinvestitionsplan (DRIP) eingeführt, der es den Aktionären ermöglicht, ihre Investition zu erhöhen, indem sie Stammaktien anstelle von Barausschüttungen mit einem 3% Rabatt auf den aktuellen Marktpreis erhalten. Die Anmeldungsfrist für den DRIP für die Dividende am 26. September endet fünf Geschäftstage vor dem Stichtag am 12. September.

Positive
  • Consistent dividend payments for 15 consecutive years
  • $354 million returned to shareholders through dividends and share buybacks
  • $30 million returned to shareholders in 2024 so far
  • Implementation of Dividend Reinvestment Plan (DRIP) with 3% discount on shares
Negative
  • None.

All amounts are in United States dollars, unless otherwise stated.

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 15 consecutive years during which time $354 million has been returned to shareholders through dividends and share buybacks, including $30 million thus far in 2024.

The dividend is payable on September 26, 2024 to shareholders of record as of the close of business on September 12, 2024. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes.

Dividend Reinvestment Plan

The Company has implemented a dividend reinvestment plan (“DRIP”). This gives shareholders the option of increasing their investment in Alamos, at a discount to the prevailing market price and without incurring any transaction costs, by electing to receive common shares in place of cash dividends. For shareholders that elect to participate in the DRIP, common shares will be issued from treasury at a 3% discount to the prevailing market price.

Enrollment in the DRIP is optional. Further information on the plan, including the forms needed to enroll are available on the Company’s website at http://www.alamosgold.com/investors/Dividend-Reinvestment-Plan. In order to be eligible to participate in the September 26, 2024 dividend, enrollment must be completed by 4:00 pm ET on the fifth business day prior to the September 12, 2024 dividend record date.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operations in North America. This includes the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons

Senior Vice President, Corporate Development & Investor Relations

(416) 368-9932 x 5439

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements

Certain of the statements made and information contained herein, other than statements of historical fact and historical information, is "forward-looking information" within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "will", "may", “potential” or variations of such words that certain actions, events or results "could” "might" or "will" occur or be achieved. Forward-looking statements in this press release include information regarding planned dividend payments. The declaration and payment of dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash requirements, future prospects and other factors deemed relevant by the Board of Directors. Alamos cautions that forward-looking statements are necessarily based upon several factors and assumptions that, while considered reasonable by the Company at the time of making such statements, are inherently subject to significant business, economic, legal, political and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.


FAQ

What is the dividend amount declared by Alamos Gold (AGI) for Q3 2024?

Alamos Gold (AGI) has declared a quarterly dividend of US$0.025 per common share for Q3 2024.

When is the payment date for Alamos Gold's (AGI) Q3 2024 dividend?

The dividend payment date for Alamos Gold's (AGI) Q3 2024 dividend is September 26, 2024.

What is the record date for Alamos Gold's (AGI) latest dividend?

The record date for Alamos Gold's (AGI) latest dividend is September 12, 2024.

How long has Alamos Gold (AGI) been paying dividends consecutively?

Alamos Gold (AGI) has been paying dividends for 15 consecutive years.

What is the discount offered in Alamos Gold's (AGI) Dividend Reinvestment Plan?

Alamos Gold's (AGI) Dividend Reinvestment Plan offers a 3% discount to the prevailing market price for shares issued from treasury.

Alamos Gold Inc.

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