Fortitude Gold Declares May 2024 Monthly Dividend
Fortitude Gold Corp. (FTCO) has declared a monthly dividend of $0.04 per common share, payable on May 31, 2024, to shareholders of record as of May 20, 2024. The company is a gold producer, developer, and explorer with operations in Nevada, U.S.A., providing investors with exposure to gold production and dividend yield. The dividend amount and consistency may vary or be discontinued at the discretion of the Board of Directors based on operational cash flows, development requirements, market conditions, and other factors.
Fortitude Gold Corp. (FTCO) demonstrates commitment to shareholder value by declaring a monthly dividend of $0.04 per common share.
Investors benefit from exposure to both gold production and dividend yield through Fortitude Gold's operations in Nevada, U.S.A.
The monthly dividend amount and consistency are subject to change or discontinuation based on various factors, including operational cash flows and market conditions.
COLORADO SPRINGS, CO / ACCESSWIRE / May 6, 2024 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") declares its monthly dividend of
Dividends may vary in amount and consistency or be discontinued at the Board of Directors' discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Company's public filings with the U.S. Securities and Exchange Commission.
About Fortitude Gold Corp.:
Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins, and strong returns on capital. The Company's strategy is to grow organically, remain debt-free and distribute substantial dividends. The Company's Nevada Mining Unit consists of seven high-grade gold properties located in the Walker Lane Mineral Belt and an eighth high-grade gold property in west central Nevada. The Isabella Pearl gold mine, located on the Isabella Pearl mineralized trend, is currently in production. Nevada, U.S.A. is among the world's premier mining friendly jurisdictions.
Cautionary Statements: This press release contains forward-looking statements that involve risks and uncertainties. If you are risk-averse you should NOT buy shares in Fortitude Gold Corp. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material are forward-looking statements. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release.
Contact:
Greg Patterson
719-717-9825
greg.patterson@fortitudegold.com
www.Fortitudegold.com
SOURCE: Fortitude Gold Corporation
View the original press release on accesswire.com
FAQ
<p>When is Fortitude Gold Corp. (FTCO) monthly dividend payable?</p>
Fortitude Gold Corp. (FTCO) monthly dividend of $0.04 per common share is payable on May 31, 2024.
<p>What is the record date for Fortitude Gold Corp. (FTCO) monthly dividend?</p>
Shareholders of Fortitude Gold Corp. (FTCO) as of May 20, 2024, are eligible to receive the monthly dividend.
<p>Where does Fortitude Gold Corp. (FTCO) operate?</p>
Fortitude Gold Corp. (FTCO) operates in Nevada, U.S.A., as a gold producer, developer, and explorer.
<p>What factors may influence changes in Fortitude Gold Corp. (FTCO) monthly dividends?</p>
Various factors such as operational cash flows, market conditions, and Company strategies may impact the amount and consistency of monthly dividends declared by Fortitude Gold Corp. (FTCO).
