Blanket Mine parent company – Caledonia Mining Corporation Plc — has announced a 14 US cents a share dividend for the quarter to September 2021, more than double the dividend amount paid quarterly in October 2019, with the group’s local unit anticipated to boost gold production.
Toronto Stock Exchange (TSX) listed Caledonia’s strategy to maximise shareholder value includes the quarterly dividend policy, which the board adopted in 2014.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.