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First Quantum Minerals declares dividend on shares

Published by
Global Mining Review,


First Quantum Minerals Ltd has announced that its Board of Directors has approved a final dividend of CAN$$0.005 per share in respect of the financial year ending 31 December 2018.

The dividend will be paid on 7 May 2019 to shareholders of record on 15 April 15 2019.

This, together with the interim dividend of CAN$0.005, makes a total of CAN$0.01 for the 2018 financial year.

The company has established a Dividend Reinvestment and Share Purchase Plan (the Plan) for its Canadian resident shareholders (Eligible Shareholders).

The Plan enables Eligible Shareholders to reinvest the cash dividends paid on all or a portion of their Common Shares into additional Common Shares, which will be issued at 97% of the Average Market Price (as defined in the Plan) and provides the opportunity to make optional cash purchases of additional Common Shares on a semi-annual basis, on dividend payment dates.

To participate in the Plan, registered Eligible Shareholders must deliver a properly completed enrolment form to Computershare Trust Company of Canada ("Computershare") (in its capacity as "Plan Agent" under the Plan), as directed under the Plan, by no later than 4:00 p.m. Eastern time on the fifth business day immediately preceding a dividend record date in order for the cash dividend to which such record date relates to be reinvested under the Plan.

Additional information on the Plan is available at www.investorcentre.com/first-quantum

The dividends paid are considered eligible dividends for Canadian tax purposes.

Read the article online at: https://www.globalminingreview.com/finance-business/15022019/first-quantum-minerals-declares-dividend-on-shares/

 

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Canadian mining news