First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, gold, silver, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia. It is exploring the Taca Taca copper-gold-molybdenum project in Argentina, as well as the Haquira copper deposit in Peru. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. First Quantum Minerals Ltd. was incorporated in 1983 and is headquartered in Toronto, Canada.
First Quantum Minerals Dividend Announcement
• First Quantum Minerals announced a semi annually dividend of $0.06 per ordinary share which will be made payable on 2023-09-19. Ex dividend date: 2023-08-25
• First Quantum Minerals annual dividend for 2023 was $0.16
• First Quantum Minerals's trailing twelve-month (TTM) dividend yield is -%
• First Quantum Minerals's payout ratio for the trailing twelve months (TTM) is -0.01%
• First Quantum Minerals's dividend growth over the last five years (2018-2023) was 81.91% year
First Quantum Minerals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-25 | $0.06 | semi annually | 2023-09-19 |
2023-04-14 | $0.10 | semi annually | 2023-05-08 |
2022-08-26 | $0.12 | semi annually | 2022-09-20 |
2022-04-13 | $0.00 | semi annually | 2022-05-06 |
2021-08-27 | $0.00 | semi annually | 2021-09-21 |
2021-04-14 | $0.00 | semi annually | 2021-05-06 |
2020-08-27 | $0.00 | semi annually | 2020-09-21 |
2020-04-15 | $0.00 | semi annually | 2020-05-07 |
2019-08-27 | $0.00 | semi annually | 2019-09-19 |
2018-08-27 | $0.00 | semi annually | 2018-09-19 |
2018-04-16 | $0.00 | semi annually | 2018-05-08 |
2017-08-24 | $0.00 | semi annually | 2017-09-19 |
2017-04-12 | $0.00 | semi annually | 2017-05-08 |
2016-08-24 | $0.00 | semi annually | 2016-09-19 |
2016-04-11 | $0.01 | semi annually | 2016-05-04 |
2015-08-26 | $0.03 | semi annually | 2015-09-21 |
2015-04-13 | $0.04 | semi annually | 2015-05-06 |
2014-08-26 | $0.05 | semi annually | 2014-09-19 |
2014-04-10 | $0.09 | semi annually | 2014-05-06 |
First Quantum Minerals Dividend per year
First Quantum Minerals Dividend growth
First Quantum Minerals Dividend Yield
First Quantum Minerals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing First Quantum Minerals stock? Use our calculator to estimate your expected dividend yield:
First Quantum Minerals Financial Ratios
First Quantum Minerals Dividend FAQ
Other factors to consider when evaluating First Quantum Minerals 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: First Quantum Minerals'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, First Quantum Minerals 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, First Quantum Minerals 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 First Quantum Minerals 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: First Quantum Minerals 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, First Quantum Minerals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First Quantum Minerals 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 First Quantum Minerals'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 First Quantum Minerals'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.