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Lundin Gold ( (TSE:LUG) ) has shared an update.
Lundin Gold has announced a quarterly dividend of US$0.80 per share, reflecting strong financial performance and robust free cash flow from its Fruta del Norte mine. This dividend, totaling approximately US$193 million, highlights the company’s commitment to returning capital to shareholders and marks a significant milestone of US$950 million in total dividends, surpassing the equity raised for the mine’s development.
More about Lundin Gold
Lundin Gold, based in Vancouver, Canada, owns and operates the Fruta del Norte gold mine in Ecuador, known for being one of the highest-grade gold mines globally. The company is committed to responsible operations, transparency, and delivering value to shareholders while providing economic and social benefits to local communities and minimizing environmental impact.
See more data about LUG stock on TipRanks’ Stock Analysis page.