Alamos Gold Announces Quarterly Dividend of $0.025

Alamos Gold Inc. (NYSE: AGI) has declared a quarterly dividend of $0.025 per share, maintaining the same amount as previous dividends. This decision reflects the company's stable financial position and commitment to returning value to shareholders.

Dividend Details

The newly declared dividend will yield a forward rate of 0.42%. The payment is scheduled for March 27, with the record date set for March 13. Shareholders should note that the ex-dividend date will also be March 13, meaning that only those who own shares before this date will receive the dividend.

Dividend History

Alamos Gold has a strong track record of paying dividends, having issued them consistently for 15 consecutive years. This long history of dividend payment highlights the company's commitment to shareholder returns and its robust business model.

Company Performance

In recent reports, Alamos Gold has shown strong financial performance with positive growth indicators. The company recently reported excellent fourth-quarter financials, showcasing substantial reserve growth and a production increase target of 24% through 2027. This growth strategy includes backing expansion projects in Canada, aimed at boosting production further.

Conclusion

The declaration of a $0.025 dividend by Alamos Gold indicates a stable financial outlook and reinforces its commitment to shareholder returns, which is a positive sign for investors looking for reliable dividend stocks.

Alamos, Dividend, Stocks