Make Kitco Your Homepage

Lundin Mining ups cash dividend by 50%

Kitco News

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - Lundin Mining (TSX:LUN) announced yesterday that its Board of Directors has declared a dividend of CAD$0.06 per share, payable on April 14, 2021, to shareholders of record at the close of business on March 26, 2021.

The company noted that this is a 50% increase compared to the CAD$0.04 per share quarterly dividend paid on December 16, 2020.

According to the company, dividends on shares traded on the Toronto Stock Exchange will be paid in Canadian Dollars on April 14, 2021. Dividends on shares traded on Nasdaq Stockholm will be paid in Swedish kronor in accordance with Euroclear principles on April 15, 2021. 

Lundin Mining is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden and the United States of America, primarily producing copper, zinc, gold and nickel.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.