Caledonia approves quarterly dividend
ST HELIER, Jersey, March 24, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors has approved a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.
The relevant dates relating to the dividend are as follows:
-- Ex-dividend date VFEX: April 2, 2025 -- Ex-dividend date AIM: April 3, 2025 -- Ex-dividend date NYSE American: April 4, 2025 -- Record date: April 4, 2025 -- Payment date: April 18, 2025
Shareholders with a registered address in the UK will be paid in Sterling.
Caledonia's Dividend Policy
Caledonia's strategy to maximise shareholder value includes a quarterly dividend policy which the Board adopted in 2014. The Board will consider future dividends as appropriate and in line with other investment opportunities and its prudent approach to risk management.
Enquiries:
Caledonia Mining Corporation Plc Mark Learmonth Tel: +44 1534 679 800 Camilla Horsfall Tel: +44 7817 841 793 Cavendish Capital Markets Limited (Nomad and Joint Broker) Adrian Hadden Pearl Kellie Tel: +44 207 397 1965 Tel: +44 131 220 9775 Panmure Liberum (Joint Broker) Scott Mathieson/ Ailsa MacMaster Tel: +44 20 3100 2000 Camarco, Financial PR (UK) Gordon Poole Tel: +44 20 3757 4980 3PPB (Financial PR, North America) Patrick Chidley Tel: +1 917 991 7701 Paul Durham Tel: +1 203 940 2538 Curate Public Relations (Zimbabwe) Debra Tatenda Tel: +263 77802131 IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa Tel: +263 (242) 745 119/33/39
This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation $(EU)$ No. 596/2014 ("MAR") as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
(END) Dow Jones Newswires
March 24, 2025 03:00 ET (07:00 GMT)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.