Caledonia declares quarterly dividend

Rhea-AI Summary

Caledonia Mining announces a quarterly dividend of 14 cents per share, payable on July 26, 2024. The ex-dividend dates are July 10 for VFEX, July 11 for AIM, and July 12 for NYSE American, with a record date of July 12, 2024. Shareholders in the UK will receive payments in Sterling. The company has maintained a quarterly dividend policy since 2014, aiming to maximize shareholder value while balancing investment opportunities and risk management.

Positive

• Quarterly dividend of 14 cents per share declared.
• Payment date set for July 26, 2024.
• Consistent dividend policy since 2014, indicating financial stability.

Negative

• None.

ST HELIER, Jersey, July 01, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors has declared a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.

The relevant dates relating to the dividend are as follows:

• Ex-dividend date VFEX: July 10, 2024
• Ex-dividend date AIM: July 11, 2024
• Ex-dividend date NYSE American: July 12, 2024
• Record date: July 12, 2024
• Payment date: July 26, 2024

Shareholders with a registered address in the UK will be paid in Sterling.

Caledonia's Dividend Policy
Caledonia's strategy to maximise shareholder value includes a quarterly dividend policy which the Board adopted in 2014. The Board will consider future dividends as appropriate and in line with other investment opportunities and its prudent approach to risk management.

Enquiries:

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall	Tel: +44 1534 679 800 Tel: +44 7817 841 793
Cavendish Capital Markets Limited (Nomad and Joint Broker) Adrian Hadden Pearl Kellie	Tel: +44 207 397 1965 Tel: +44 131 220 9775
Liberum Capital Limited (Joint Broker) Scott Mathieson/Matt Hogg	Tel: +44 20 3100 2000
Camarco, Financial PR (UK) Gordon Poole	Tel: +44 20 3757 4980
3PPB (Financial PR, North America) Patrick Chidley Paul Durham	Tel: +1 917 991 7701 Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe) Debra Tatenda	Tel: +263 77802131
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa	Tel: +263 (242) 745 119/33/39

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation (EU) No. 596/2014 (“MAR”) as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

FAQ

What is the dividend amount declared by Caledonia Mining (CMCL)?

Caledonia Mining declared a quarterly dividend of 14 United States cents per share.

When is the payment date for Caledonia Mining 's (CMCL) quarterly dividend?

The payment date for the quarterly dividend is July 26, 2024.

What are the ex-dividend dates for Caledonia Mining (CMCL)?

The ex-dividend dates are July 10 for VFEX, July 11 for AIM, and July 12 for NYSE American.

When is the record date for Caledonia Mining 's (CMCL) quarterly dividend?

The record date for the quarterly dividend is July 12, 2024.

In what currency will UK shareholders receive the dividend from Caledonia Mining (CMCL)?

UK shareholders will receive the dividend in Sterling.

How long has Caledonia Mining (CMCL) maintained its quarterly dividend policy?

Caledonia Mining has maintained a quarterly dividend policy since 2014.