Kinross declares quarterly dividend

Rhea-AI Summary

Kinross Gold Corporation has declared a dividend of US$0.03 per common share for Q2 2022. This dividend will be paid on September 1, 2022 to shareholders on record by August 18, 2022. The dividend qualifies as an 'eligible dividend' for Canadian income tax, while non-resident shareholders will face Canadian withholding taxes. Kinross is a global senior gold mining company with operations in multiple countries including the US, Brazil, and Ghana, focusing on responsible mining and operational excellence.

Positive

• Declared a dividend of US$0.03 per share for Q2 2022, enhancing shareholder income.
• Dividend demonstrates the company's commitment to returning value to shareholders.

Negative

• None.

TORONTO, July 27, 2022 (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 second quarter of 2022.

The dividend is payable on September 1, 2022 to shareholders of record as of the close of business on August 18, 2022. 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, Ghana and Canada. Our focus on delivering value is based on our 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
Louie Diaz
Vice-President, Corporate Communications
phone: 416-369-6469
louie.diaz@kinross.com

_______________________________

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 amount declared by Kinross Gold Corporation for Q2 2022?

Kinross Gold Corporation declared a dividend of US$0.03 per common share for Q2 2022.

When will Kinross Gold Corporation pay the dividend?

The dividend will be payable on September 1, 2022.

What is the record date for Kinross Gold Corporation's dividend payment?

The record date for the dividend payment is August 18, 2022.

Are dividends from Kinross Gold Corporation subject to withholding tax for non-resident shareholders?

Yes, dividends paid to non-resident shareholders are subject to Canadian non-resident withholding taxes.