Barrick Declares Dividend
August 10 2020 - 6:10AM
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that
its Board of Directors has declared a dividend for the second
quarter of 2020 of US $0.08 per share, a 14% increase on the
previous quarter’s dividend, payable on September 15, 2020, to
shareholders of record at the close of business on August 31,
2020.1
Senior executive vice-president and chief financial
officer Graham Shuttleworth said that Barrick’s quarterly dividend
has more than doubled since the announcement of the
Barrick-Randgold merger in September 2018, reflecting Barrick’s
continued strong financial performance.
“The Board believes that the dividend increase is
sustainable and is reflective of the ongoing robust performance of
our operations and continued improvement in the strength of our
balance sheet, with total liquidity of $6.7 billion, including a
cash balance of $3.7 billion as of the end of the second quarter,
and no material debt repayments due before 2033,” said
Shuttleworth.
Enquiries:
President and CEOMark Bristow+1 647 205 7694+44 788
071 1386
Senior EVP and CFOGraham Shuttleworth+1 647 262
2095+44 779 771 1338
Investor and Media RelationsKathy du Plessis+44 20
7557 7738Email: barrick@dpapr.com
1 The declaration and payment of dividends is at the discretion
of the Board of Directors, and will depend on the company’s
financial results, cash requirements, future prospects and other
factors deemed relevant by the Board.
Barrick Gold (TSX:ABX)
Historical Stock Chart
From Aug 2024 to Sep 2024
Barrick Gold (TSX:ABX)
Historical Stock Chart
From Sep 2023 to Sep 2024