STOCK TITAN

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

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Centerra Gold (TSX: CG) (NYSE: CGAU) has declared a quarterly dividend of C$0.07 per common share, totaling approximately C$14.7 million or US$10.2 million. The dividend will be paid on March 27, 2025, to shareholders of record as of March 13, 2025. This dividend qualifies as an eligible dividend for Canadian tax purposes.

The company's Board of Directors determines dividend distributions based on various factors, including operating results, cash flow, financial conditions, capital requirements, and general business conditions.

Centerra Gold (TSX: CG) (NYSE: CGAU) ha dichiarato un dividendo trimestrale di C$0,07 per azione ordinaria, per un totale di circa C$14,7 milioni o US$10,2 milioni. Il dividendo sarà pagato il 27 marzo 2025 agli azionisti registrati al 13 marzo 2025. Questo dividendo è qualificato come dividendo idoneo ai fini fiscali canadesi.

Il Consiglio di Amministrazione della società determina le distribuzioni di dividendi sulla base di vari fattori, tra cui i risultati operativi, il flusso di cassa, le condizioni finanziarie, le esigenze di capitale e le condizioni generali di mercato.

Centerra Gold (TSX: CG) (NYSE: CGAU) ha declarado un dividendo trimestral de C$0.07 por acción común, totalizando aproximadamente C$14.7 millones o US$10.2 millones. El dividendo se pagará el 27 de marzo de 2025 a los accionistas registrados al 13 de marzo de 2025. Este dividendo califica como un dividendo elegible para fines fiscales canadienses.

La Junta Directiva de la compañía determina las distribuciones de dividendos basándose en diversos factores, incluyendo resultados operativos, flujo de caja, condiciones financieras, requisitos de capital y condiciones generales del negocio.

센터라 골드 (TSX: CG) (NYSE: CGAU)는 주당 C$0.07의 분기 배당금을 발표했으며, 총액은 약 C$14.7 백만 또는 US$10.2 백만입니다. 이 배당금은 2025년 3월 27일에 지급되며, 2025년 3월 13일 기준의 주주에게 지급됩니다. 이 배당금은 캐나다 세금 목적상 적격 배당금으로 인정됩니다.

회사의 이사회는 운영 결과, 현금 흐름, 재무 조건, 자본 요구 사항 및 일반 비즈니스 조건을 포함한 다양한 요소를 기반으로 배당금 분배를 결정합니다.

Centerra Gold (TSX: CG) (NYSE: CGAU) a déclaré un dividende trimestriel de C$0,07 par action ordinaire, totalisant environ C$14,7 millions ou US$10,2 millions. Le dividende sera payé le 27 mars 2025 aux actionnaires enregistrés au 13 mars 2025. Ce dividende est éligible en tant que dividende admissible aux fins fiscales canadiennes.

Le conseil d'administration de la société détermine les distributions de dividendes en fonction de divers facteurs, y compris les résultats d'exploitation, le flux de trésorerie, les conditions financières, les besoins en capital et les conditions générales du marché.

Centerra Gold (TSX: CG) (NYSE: CGAU) hat eine vierteljährliche Dividende von C$0,07 pro Stammaktie erklärt, was insgesamt etwa C$14,7 Millionen oder US$10,2 Millionen entspricht. Die Dividende wird am 27. März 2025 an die Aktionäre ausgezahlt, die am 13. März 2025 im Aktienregister stehen. Diese Dividende qualifiziert sich als förderfähige Dividende für kanadische Steuerzwecke.

Der Vorstand des Unternehmens bestimmt die Dividendenausschüttungen auf der Grundlage verschiedener Faktoren, einschließlich Betriebsergebnisse, Cashflow, finanzielle Bedingungen, Kapitalanforderungen und allgemeine Geschäftslage.

Positive
  • Maintaining quarterly dividend payments demonstrates financial stability
  • Total dividend distribution of C$14.7 million (US$10.2 million) represents significant shareholder return
Negative
  • None.

TORONTO, Feb. 20, 2025 (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$14.7 million or US$10.2 million in aggregate. The quarterly dividend is payable on March 27, 2025, to shareholders of record as of the close of business on March 13, 2025. 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 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

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 Centerra Gold's dividend amount for Q1 2025?

Centerra Gold (CGAU) has declared a quarterly dividend of C$0.07 per common share for Q1 2025.

When is Centerra Gold's Q1 2025 dividend payable?

The dividend is payable on March 27, 2025, to shareholders of record as of March 13, 2025.

What is the total value of Centerra Gold's Q1 2025 dividend distribution?

The total dividend distribution amounts to approximately C$14.7 million or US$10.2 million.

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

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

What factors determine Centerra Gold's dividend payments?

Centerra's Board determines dividends based on operating results, cash flow, financial conditions, capital requirements, and general business conditions.

Centerra Gold

NYSE:CGAU

CGAU Rankings

CGAU Latest News

CGAU Stock Data

1.41B
208.48M
0.19%
90.03%
1.38%
Gold
Basic Materials
Link
Canada
Toronto