REG - Caledonia Mining Crp - Caledonia declares quarterly dividend

Caledonia MiningAnnouncement

03/04/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230403:nRSC0185Va&default-theme=true

RNS Number : 0185V  Caledonia Mining Corporation PLC  03 April 2023

Caledonia Mining Corporation Plc

Caledonia declares quarterly dividend

 

(NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL)

 

 

St Helier, April 3, 2023 - Caledonia Mining Corporation Plc ("Caledonia" or
the "Company") is pleased to announce that the Board of Directors has declared
a quarterly dividend of 14 United States cents (US$0.14) on each of the
Company's shares.

 

Commenting on the announcement, Mark Learmonth, Chief Executive Officer, said:

 

"The total dividend paid for 2022 was 56 cents per share, a 12% increase on
the 50 cents per share in 2021.  The quarterly dividend, which remains at 14
cents a share, continues to be an important part of the Company's strategy and
we believe sets us apart from our peer group."

 

 

The relevant dates relating to the dividend are as follows:

 

• Ex-dividend date VFEX: April 12, 2023

• Ex-dividend date AIM and NYSE: April 13, 2023

• Record date: April 14, 2023

• Payment date: April 28, 2023

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 increases in the dividend as appropriate in line with 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
 Cenkos Securities plc (Nomad and Joint Broker)

 Adrian Hadden                                              Tel: +44 207 397 1965

 Neil McDonald                                              Tel: +44 131 220 9771

 Pearl Kellie                                               Tel: +44 131 220 9775
 Liberum Capital Limited (Joint Broker)

 Scott Mathieson/Kane Collings                              Tel: +44 20 3100 2000
 BlytheRay Financial PR (UK)

 Tim Blythe/Megan Ray                                       Tel: +44 207 138 3204

 3PPB (Financial PR, North America)                         Tel: +1 917 991 7701

 Patrick Chidley                                            Tel: +1 203 940 2538

 Paul Durham
 Curate Public Relations (Zimbabwe)                         Tel: +263 77802131

 Debra Tatenda
 IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)  Tel: +263 (242) 745 119/33/39

 Lloyd Mlotshwa

 

 

 Note: 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.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVGZGFFVMKGFZM