Caledonia has this morning announced yet another increase in its quarterly dividend to 11c per share and implying an annualised dividend yield of 2.7% at the current share price. The increase of 1c/10% in the quarter means that this is the fih dividend increase in 12-months; a total increase of 60% over that me. In our opinion this is sll only the start of the journey for Caledonia to increase its dividend even further.
04 Jan 2021
Caledonia Mining (CMCL) – Corporate – Quarterly dividend increased yet again
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Caledonia Mining (CMCL) – Corporate – Quarterly dividend increased yet again
Caledonia Mining Corporation PLC (CMCL:LON) | 825 -206.3 (-2.9%) | Mkt Cap: 158.4m
- Published:
04 Jan 2021 -
Author:
Paul Smith -
Pages:
3
Caledonia has this morning announced yet another increase in its quarterly dividend to 11c per share and implying an annualised dividend yield of 2.7% at the current share price. The increase of 1c/10% in the quarter means that this is the fih dividend increase in 12-months; a total increase of 60% over that me. In our opinion this is sll only the start of the journey for Caledonia to increase its dividend even further.