Alamos Gold (AGI) Raises Quarterly Dividend 100% to $0.01; 0.8% Yield

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Go back to Alamos Gold (AGI) Raises Quarterly Dividend 100% to $0.01; 0.8% Yield

Alamos Gold Announces Doubling of Annual Dividend

February 19, 2019 4:30 PM EST

TORONTO, Feb. 19, 2019 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (Alamos or the Company) is pleased to announce that the Companys Board of Directors has authorized an increase to its dividend to US$0.01 per common share quarterly, from US$0.01 semi-annually. This is expected to double the amount of dividends distributed to shareholders from the $7.8 million paid in 2018.

This represents the Companys 10th consecutive year of paying a dividend during which time the Company has returned $142 million to shareholders through dividends and share buybacks. The dividend increase is aligned with the... More