Alamos Gold Increases Dividend by 60% to an Annual Rate of $0.16 Per Share
View original at finance.yahoo.comAlamos Gold Increases Dividend by 60% to an Annual Rate of $0.16 Per Share Alamos Gold Inc. All amounts are in United States dollars, unless otherwise stated…
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Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development
80% confidenceThis strong production and free cash flow growth is expected to support further returns to shareholders
80% confidenceThrough the completion of the Phase 3+ Expansion in 2026, larger Island Gold District Expansion in 2028, and the Lynn Lake project in 2029, the Company expects to nearly double annual production to approximately one million ounces at lower costs by 2030
80% confidenceThe Company expects increasing free cash flow while continuing to invest in its high-return growth projects, which provide one of the strongest growth profiles in the sector
80% confidenceThe Company has paid dividends for 16 consecutive years during which time $463 million has been returned to shareholders through dividends and share buybacks
80% confidence
