Kinross declares quarterly dividend

Rhea-AI Summary

Kinross Gold has declared a dividend of US$0.03 per common share for the first quarter of 2024. The dividend is payable on June 13, 2024, to shareholders of record as of the close of business on May 30, 2024.

TORONTO, May 07, 2024 (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 first quarter of 2024.

The dividend is payable on June 13, 2024, to shareholders of record as of the close of business on May 30, 2024. 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

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

Source: Kinross Gold Corporation

FAQ

When will Kinross Gold pay the dividend for the first quarter of 2024?

The dividend will be payable on June 13, 2024.

What is the dividend amount declared by Kinross Gold for the first quarter of 2024?

Kinross Gold declared a dividend of US$0.03 per common share.

What is the record date for shareholders to receive the dividend from Kinross Gold for the first quarter of 2024?

Shareholders of record as of the close of business on May 30, 2024, will receive the dividend.

How will Canadian non-resident investors be affected by the dividends declared by Kinross Gold for the first quarter of 2024?

Dividends paid to shareholders outside Canada will be subject to Canadian non-resident withholding taxes.

What type of dividend is the one declared by Kinross Gold for the first quarter of 2024?

The dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.