Kinross declares quarterly dividend

Rhea-AI Summary

Kinross Gold Corporation (TSX:K; NYSE:KGC) declares US$0.03 per common share dividend for Q3 2023, payable on December 14, 2023. Canadian income tax eligible dividend. Non-resident investors subject to Canadian withholding taxes.

TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the third quarter of 2023.

The dividend is payable on December 14, 2023, to shareholders of record as of the close of business on November 30, 2023. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

About Kinross Gold Corporation

Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Media Contact
Victoria Barrington
Senior Director, Corporate Communications
phone: 647-788-4153
victoria.barrington@kinross.com

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Investor Relations Contact
Chris Lichtenheldt
Vice-President, Investor Relations
phone: 416-365-2761
chris.lichtenheldt@kinross.com

Source: Kinross Gold Corporation

FAQ

What is the dividend declared by Kinross Gold Corporation (TSX:K; NYSE:KGC) for the third quarter of 2023?

The company has declared a dividend of US$0.03 per common share for the third quarter of 2023.

When is the dividend payable to shareholders of Kinross Gold Corporation (TSX:K; NYSE:KGC)?

The dividend is payable on December 14, 2023.

What is the tax treatment for the dividend declared by Kinross Gold Corporation (TSX:K; NYSE:KGC)?

The dividend qualifies as an 'eligible dividend' for Canadian income tax purposes, while non-resident investors will be subject to Canadian non-resident withholding taxes.