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Centerra Gold Announces Quarterly Dividend of C$0.07 per Common Share

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Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) has announced a quarterly dividend of C$0.07 per common share, totaling approximately C$14.9 million or US$10.9 million. The dividend will be payable on August 29, 2024, to shareholders of record as of the close of business on August 15, 2024. This dividend is considered eligible for Canadian income tax purposes. Centerra's Board of Directors determines the timing and amount of dividends based on factors such as operating results, cash flow, financial conditions, capital requirements, and general business conditions.

Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) ha annunciato un dividendo trimestrale di C$0,07 per azione ordinaria, per un totale di circa C$14,9 milioni o US$10,9 milioni. Il dividendo sarà pagabile il 29 agosto 2024, agli azionisti registrati alla chiusura delle negoziazioni del 15 agosto 2024. Questo dividendo è considerato idoneo ai fini dell'imposta sul reddito canadese. Il Consiglio di Amministrazione di Centerra determina il tempismo e l'importo dei dividendi in base a fattori quali i risultati operativi, il flusso di cassa, le condizioni finanziarie, le necessità di capitale e le condizioni generali del business.

Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) ha anunciado un dividendo trimestral de C$0,07 por acción común, sumando aproximadamente C$14,9 millones o US$10,9 millones. El dividendo será pagadero el 29 de agosto de 2024, a los accionistas registrados al cierre de operaciones del 15 de agosto de 2024. Este dividendo es considerado elegible para fines fiscales en Canadá. La Junta Directiva de Centerra determina el momento y la cantidad de los dividendos basándose en factores como los resultados operativos, el flujo de caja, las condiciones financieras, los requisitos de capital y las condiciones generales del negocio.

센터라 골드 주식회사 (TSX: CG) (NYSE: CGAU)는 보통주 1주당 C$0.07의 분기 배당금을 발표했으며, 총 약 C$14.9 백만 또는 US$10.9 백만에 해당합니다. 이 배당금은 2024년 8월 29일에 지급될 예정이며, 2024년 8월 15일 영업 종료 시점의 주주에게 지급됩니다. 이 배당금은 캐나다 소득세 목적에 적합한 것으로 간주됩니다. 센터라의 이사회는 운영 결과, 현금 흐름, 재무 조건, 자본 요구 사항 및 일반적인 비즈니스 조건과 같은 요소를 기반으로 배당금의 타이밍과 금액을 결정합니다.

Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) a annoncé un dividende trimestriel de 0,07 C$ par action ordinaire, totalisant environ 14,9 millions de C$ ou 10,9 millions de $ US. Le dividende sera versé le 29 août 2024 aux actionnaires enregistrés à la clôture des affaires du 15 août 2024. Ce dividende est considéré comme éligible à des fins d'impôt sur le revenu canadien. Le conseil d'administration de Centerra détermine le moment et le montant des dividendes en fonction de facteurs tels que les résultats d'exploitation, le flux de trésorerie, les conditions financières, les besoins en capital et les conditions commerciales générales.

Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) hat eine vierteljährliche Dividende von C$0,07 je Stammaktie angekündigt, die insgesamt ungefähr C$14,9 Millionen oder US$10,9 Millionen beträgt. Die Dividende wird am 29. August 2024 an die zum Ende des Geschäftstags am 15. August 2024 eingetragenen Aktionäre ausgezahlt. Diese Dividende gilt als förderfähig für kanadische Einkommenssteuerzwecke. Der Vorstand von Centerra bestimmt den Zeitpunkt und den Betrag der Dividenden basierend auf Faktoren wie Betriebsergebnisse, Cashflow, finanzielle Verhältnisse, Kapitalbedarf und allgemeinen Geschäftsumständen.

Positive
  • Quarterly dividend of C$0.07 per common share announced
  • Total dividend payout of approximately C$14.9 million or US$10.9 million
  • Dividend is eligible for Canadian income tax purposes
Negative
  • None.

TORONTO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share – approximately C$14.9 million or US$10.9 million in aggregate. The quarterly dividend is payable on August 29, 2024, to shareholders of record as of the close of business on August 15, 2024. The dividend is an eligible dividend for Canadian income tax purposes.

In accordance with Centerra’s dividend policy, the timing and quantum of dividends are to be determined by the Board of Directors from time-to-time based on, among other things, the Company’s operating results, cash flow and financial conditions, current and anticipated capital requirements, and general business conditions.

About Centerra Gold

Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra’s shares trade on the Toronto Stock Exchange (“TSX”) under the symbol CG and on the New York Stock Exchange (“NYSE”) under the symbol CGAU. The Company is based in Toronto, Ontario, Canada.

For more information:  

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

Lana Pisarenko
Senior Manager, Investor Relations
(416) 204-1957
lana.pisarenko@centerragold.com

Additional information on Centerra is available on the Company’s website at www.centerragold.com, on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.


FAQ

What is the amount of Centerra Gold's quarterly dividend for August 2024?

Centerra Gold (CGAU) has announced a quarterly dividend of C$0.07 per common share for August 2024.

When is the payment date for Centerra Gold's latest dividend?

The dividend is payable on August 29, 2024, to shareholders of record as of the close of business on August 15, 2024.

What is the total value of Centerra Gold's latest dividend payout?

The total dividend payout is approximately C$14.9 million or US$10.9 million in aggregate.

Is Centerra Gold's dividend eligible for Canadian income tax purposes?

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

What factors does Centerra Gold consider when determining dividends?

Centerra Gold's Board of Directors considers factors such as operating results, cash flow, financial conditions, capital requirements, and general business conditions when determining dividends.

Centerra Gold Inc.

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