Kinross declares quarterly dividend

Rhea-AI Summary

Kinross Gold Corporation has declared a dividend of US$0.03 per common share for Q2 2021. The payment is scheduled for September 2, 2021, to shareholders on record by August 19, 2021. This dividend qualifies as an ‘eligible dividend’ for Canadian tax purposes, while non-resident investors will be subject to Canadian withholding taxes. Kinross operates gold mines in several countries, including the U.S., Brazil, and Russia, focusing on operational excellence and responsible mining practices.

Positive

• Declared a dividend of US$0.03 per share, providing income to shareholders.
• Scheduled payment date of September 2, 2021, ensures timely disbursement.

Negative

• None.

TORONTO, July 28, 2021 (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 2021.

The dividend is payable on September 2, 2021 to shareholders of record as of the close of business on August 19, 2021. 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 senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. Our focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining. 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 KGC for Q2 2021?

Kinross Gold Corporation declared a dividend of US$0.03 per common share for Q2 2021.

When is the KGC dividend payable?

The dividend is payable on September 2, 2021.

What are the record dates for KGC's dividend?

Shareholders must be on record by August 19, 2021, to receive the dividend.

Are dividends from KGC subject to withholding tax?

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