tiprankstipranks
Advertisement
Advertisement

Evolution Mining Sets DRP Price and Confirms Interim Dividend Payout

Story Highlights
  • Evolution Mining priced its interim dividend reinvestment plan at $14.4695 per share, with only 1.67% of ordinary shares opting in.
  • Most investors will receive a 20 cent cash dividend on 2 April 2026, limiting dilution as just 469,177 new shares are issued.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Evolution Mining Sets DRP Price and Confirms Interim Dividend Payout

Claim 30% Off TipRanks

An update from Evolution Mining ( (AU:EVN) ) is now available.

Evolution Mining has set the dividend reinvestment plan price for its interim fully franked dividend for the half year to 31 December 2025 at $14.4695 per share, following a five-day volume-weighted average price calculation in early March 2026. Shareholder uptake of the plan was relatively modest at 1.67% of issued ordinary shares, resulting in the creation of 469,177 new shares to be allocated on 2 April 2026.

Shareholders who did not elect, or only partially elected, to participate in the reinvestment plan will receive a 20 cent per share cash dividend on 2 April 2026, preserving immediate income for the vast majority of investors. The low participation rate means limited equity dilution and indicates that most shareholders continue to prefer cash returns, while the company still modestly strengthens its capital base through the new share issuance.

The most recent analyst rating on (AU:EVN) stock is a Buy with a A$19.50 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.

More about Evolution Mining

Evolution Mining is a leading global gold producer operating six mines, including five wholly owned sites in Australia and Canada and an 80% interest in the Northparkes operation in New South Wales. The company targets Financial Year 2026 production of 710,000 to 780,000 ounces of gold and 70,000 to 80,000 tonnes of copper at an all-in sustaining cost of $1,640 to $1,760 per ounce, underscoring its scale and cost-focused positioning in the gold and copper markets.

Average Trading Volume: 7,009,827

Technical Sentiment Signal: Buy

Current Market Cap: A$28.73B

See more data about EVN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1