Caledonia Mining Corporation Plc primarily engages in the operation of a gold mine. It also explores for and develops mineral properties for precious metals. The company holds 64% interest in the Blanket Mine, a gold mine located in Matabeleland South Province, Zimbabwe. It also has an agreement to purchase 100% ownership in the Maligreen project, a brownfield gold exploration project located in Gweru mining district in the Zimbabwe Midlands. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016. Caledonia Mining Corporation Plc was incorporated in 1992 and is headquartered in Saint Helier, Jersey.
Caledonia Mining Dividend Announcement
• Caledonia Mining announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-07-12
• Caledonia Mining annual dividend for 2024 was $0.42
• Caledonia Mining annual dividend for 2023 was $0.56
• Caledonia Mining's trailing twelve-month (TTM) dividend yield is 3.13%
• Caledonia Mining's payout ratio for the trailing twelve months (TTM) is 94.88%
• Caledonia Mining's dividend growth over the last five years (2018-2023) was 15.28% year
• Caledonia Mining's dividend growth over the last ten years (2013-2023) was 25.03% year
Caledonia Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | $0.14 | quarterly | 2024-07-26 |
2024-04-11 | $0.14 | quarterly | 2024-04-26 |
2024-01-11 | $0.14 | quarterly | 2024-01-26 |
2023-10-12 | $0.14 | quarterly | 2023-10-27 |
2023-07-13 | $0.14 | quarterly | 2023-07-28 |
2023-04-13 | $0.14 | quarterly | 2023-04-28 |
2023-01-12 | $0.14 | quarterly | 2023-01-27 |
2022-10-13 | $0.14 | quarterly | 2022-10-28 |
2022-07-14 | $0.14 | quarterly | 2022-07-29 |
2022-04-18 | $0.14 | quarterly | 2022-04-29 |
2022-01-13 | $0.14 | quarterly | 2022-01-28 |
2021-10-14 | $0.14 | quarterly | 2021-10-29 |
2021-07-15 | $0.13 | quarterly | 2021-07-30 |
2021-04-15 | $0.12 | quarterly | 2021-04-30 |
2021-01-14 | $0.11 | quarterly | 2021-01-29 |
2020-10-15 | $0.10 | quarterly | 2020-10-30 |
2020-07-16 | $0.09 | quarterly | 2020-07-31 |
2020-05-14 | $0.07 | quarterly | 2020-05-29 |
2020-01-16 | $0.07 | quarterly | 2020-01-31 |
2019-10-10 | $0.07 | quarterly | 2019-10-25 |
2019-07-11 | $0.07 | quarterly | 2019-07-26 |
2019-04-11 | $0.07 | quarterly | 2019-04-26 |
2019-01-10 | $0.07 | quarterly | 2019-01-25 |
2018-10-11 | $0.07 | quarterly | 2018-10-26 |
2018-07-12 | $0.07 | quarterly | 2018-07-27 |
2018-04-12 | $0.07 | quarterly | 2018-04-27 |
2018-01-11 | $0.07 | quarterly | 2018-01-26 |
2017-10-12 | $0.07 | quarterly | 2017-10-27 |
2017-07-12 | $0.07 | quarterly | 2017-07-28 |
2017-04-12 | $0.01 | quarterly | 2017-04-28 |
2017-01-11 | $0.01 | quarterly | |
2016-10-12 | $0.01 | quarterly | |
2016-07-13 | $0.01 | quarterly | |
2016-04-13 | $0.01 | quarterly | |
2016-01-13 | $0.01 | quarterly | |
2015-10-14 | $0.01 | quarterly | |
2015-07-15 | $0.01 | quarterly | |
2015-04-15 | $0.01 | quarterly | |
2015-01-14 | $0.01 | quarterly | |
2014-10-15 | $0.01 | quarterly | |
2014-07-16 | $0.01 | quarterly | |
2014-04-17 | $0.01 | quarterly | |
2014-01-21 | $0.01 | quarterly | |
2014-01-17 | $0.01 | quarterly | |
2013-04-17 | $0.05 | quarterly | |
2013-02-13 | $0.01 | quarterly | |
2013-02-06 | $0.01 | quarterly |
Caledonia Mining Dividend per year
Caledonia Mining Dividend growth
Caledonia Mining Dividend Yield
Caledonia Mining current trailing twelve-month (TTM) dividend yield is 3.13%. Interested in purchasing Caledonia Mining stock? Use our calculator to estimate your expected dividend yield:
Caledonia Mining Financial Ratios
Caledonia Mining Dividend FAQ
Other factors to consider when evaluating Caledonia Mining as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Caledonia Mining's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Caledonia Mining publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Caledonia Mining distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Caledonia Mining are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Caledonia Mining sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Caledonia Mining distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Caledonia Mining declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Caledonia Mining's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Caledonia Mining's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.