Evolution Mining Limited engages in the exploration, mine development, mine operations, and sale of gold and gold-copper concentrates in Australia and Canada. It also explores for copper and silver deposits. As of June 30, 2022, the company operated five gold mines, such as Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario. It also holds a 100% interest in the Kundana Operations; a 51% interest in the East Kundana Joint Venture; a 100% interest in the certain tenements comprising the Carbine project; and a 75% interest in the West Kundana Joint Venture. The company was formerly known as Catalpa Resources Limited and changed its name to Evolution Mining Limited in November 2011. Evolution Mining Limited was incorporated in 1998 and is based in Sydney, Australia.
Evolution Mining Dividend Announcement
• Evolution Mining announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-08-29
• Evolution Mining annual dividend for 2024 was $0.05
• Evolution Mining annual dividend for 2023 was $0.03
• Evolution Mining's trailing twelve-month (TTM) dividend yield is 0.96%
• Evolution Mining's payout ratio for the trailing twelve months (TTM) is 18.11%
Evolution Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | $0.03 | semi annually | 2024-10-04 |
2024-02-27 | $0.01 | semi annually | 2024-04-05 |
2023-08-30 | $0.01 | semi annually | 2023-10-06 |
2023-02-28 | $0.01 | semi annually | 2023-06-02 |
2022-08-30 | $0.02 | semi annually | 2022-09-30 |
2019-08-26 | $0.04 | semi annually | 2019-09-27 |
2018-08-28 | $0.03 | semi annually | 2018-09-28 |
2018-02-23 | $0.03 | semi annually | 2018-03-29 |
2017-08-25 | $0.02 | semi annually | 2017-09-29 |
2017-02-24 | $0.01 | semi annually | 2017-03-27 |
2016-08-25 | $0.01 | semi annually | |
2016-02-25 | $0.01 | semi annually | |
2015-09-03 | $0.00 | semi annually | |
2014-09-05 | $0.01 | semi annually | |
2014-03-04 | $0.01 | semi annually |
Evolution Mining Dividend per year
Evolution Mining Dividend growth
Evolution Mining Dividend Yield
Evolution Mining current trailing twelve-month (TTM) dividend yield is 0.96%. Interested in purchasing Evolution Mining stock? Use our calculator to estimate your expected dividend yield:
Evolution Mining Financial Ratios
Evolution Mining Dividend FAQ
Other factors to consider when evaluating Evolution 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: Evolution 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, Evolution 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, Evolution 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 Evolution 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: Evolution 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, Evolution 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: Evolution 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 Evolution 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 Evolution 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.