Yamana Gold Declares First Quarter Dividend

Rhea-AI Summary

Yamana Gold Inc. (NYSE: AUY) announced a first-quarter dividend of $0.03 per share, amounting to an annual dividend of $0.12 per share. This dividend will be payable on April 14, 2022, to shareholders on record by the end of business on March 31, 2022. The dividend qualifies as an 'eligible dividend' for Canadian tax purposes. Yamana operates in the Americas, focusing on gold and silver production, with plans for further expansion and optimization of its mines.

Positive

• Dividend payout of $0.03 per share signals company confidence.
• Annual dividend yield of $0.12 per share indicates commitment to returning value to shareholders.

Negative

• None.

TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) declares a first quarter dividend of $0.03 per share (annual $0.12 per share). Shareholders of record at the close of business on March 31, 2022, will be entitled to receive payment of this dividend on April 14, 2022. The dividend is an “eligible dividend” for Canadian tax purposes.

About Yamana
Yamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. Yamana plans to continue to build on this base through expansion and optimization initiatives at existing operating mines, development of new mines, the advancement of its exploration properties and, at times, by targeting other consolidation opportunities with a primary focus in the Americas.

FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Relations and Corporate Communications
416-815-0220
1-888-809-0925
Email: investor@yamana.com

FTI Consulting (UK Public Relations)
Sara Powell / Ben Brewerton
+44 7974 201 715 / +44 203 727 1000

Peel Hunt LLP (Joint UK Corporate Broker)
Ross Allister / David McKeown / Alexander Allen
Telephone: +44 (0) 20 7418 8900

Berenberg (Joint UK Corporate Broker)
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
Telephone: +44 (0) 20 3207 7800

Credit Suisse (Joint UK Corporate Broker)
Ben Lawrence / David Nangle
Telephone: +44 (0) 20 7888 8888

(All amounts are expressed in United States Dollars unless otherwise indicated.)

FAQ

What is the dividend amount for AUY in Q1 2022?

The dividend amount for AUY in Q1 2022 is $0.03 per share.

When will the dividend for AUY be paid?

The dividend for AUY will be paid on April 14, 2022.

What is the annual dividend for AUY?

The annual dividend for AUY is $0.12 per share.

Who is eligible for the AUY dividend?

Shareholders on record as of March 31, 2022, are eligible for the AUY dividend.

Is the AUY dividend eligible for Canadian tax purposes?

Yes, the AUY dividend is an eligible dividend for Canadian tax purposes.