Kirkland Lake Gold Declares Quarterly Dividend Payment
June 17 2020 - 08:24AM
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or
the “
Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today
announced that a quarterly dividend payment of US$0.125 per common
share will be paid on July 13, 2020 to shareholders of record as of
the close of business on June 30, 2020. The dividend payment
is the second payment declared since the Company doubled its
quarterly dividend from US$0.06 per common share in the first
quarter of 2020, with the first US$0.125 per common share dividend
payment having been made on April 13, 2020 to shareholders of
record as of the close of business on March 31, 2020. The July 13,
2020 payment represents the 13th quarterly dividend payment made to
shareholders since the Company’s adoption of a dividend policy in
March 2017.
The Company’s quarterly dividend qualifies as an
“eligible dividend” for Canadian income tax purposes. For Canadian
shareholders the US dollar dividend payment will be converted to
Canadian dollars using the spot price exchange rate on July
10, 2020, the date prior to the payment date.
About Kirkland Lake Gold
Ltd.
Kirkland Lake Gold Ltd. is a growing gold
producer operating in Canada and Australia that produced 974,615
ounces in 2019. The production profile of the Company is anchored
by three high-quality operations, including the Macassa Mine and
Detour Lake Mine, both located in Northern Ontario, and the
Fosterville Mine located in the state of Victoria, Australia.
Kirkland Lake Gold's solid base of quality assets is complemented
by district scale exploration potential, supported by a strong
financial position with extensive management expertise.
For further information on Kirkland Lake Gold
and to receive news releases by email, visit the website at
www.kl.gold.
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive
Officer & DirectorPhone: +1 416-840-7884, E-mail:
tmakuch@kl.gold
Mark Utting, Vice-President, Investor Relations Phone: +1
416-840-7884, E-mail: mutting@kl.gold
Kirkland Lake Gold (TSX:KL)
Historical Stock Chart
From Feb 2024 to Mar 2024
Kirkland Lake Gold (TSX:KL)
Historical Stock Chart
From Mar 2023 to Mar 2024