April 7, 2015

Caledonia Mining continues churning out dividends

Caledonia Mining Corporation (LON:CMCL) continues to belie the reputation of AIM-listed mining companies by churning out the dividends.


The Canadian company has declared its sixth quarterly dividend, worth 1.5 Canadian cents per share.


The ex-dividend date will be April 16, 2015 and for those shareholders who still receive their divis by mail, the cheques will be in the post on April 30, 2015.


UK shareholders will be paid in pence and US shareholders in US cents, with the foreign exchange translation made on the record date, which is April 17.


The quarterly dividend payment is in line with the company’s stated aim of banging out dividends of six cents a year.



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