CMCL has declared a quarterly dividend of six and seven eighths United States cents (US$0.06875) on each of the company’s common shares with dividend cheque mailing date of 27 July 2018.
The ex-dividend date has been decided as 12 July 2018 and record date as 13 July 2018. The shareholders and depositary interest holders in Canada and UK will be paid in Canadian dollars and Sterling, respectively. The payments will be calculated using Bank of Canada exchange rates on the record date. The company expects to maintain its current dividend of twenty-seven and a half United States cents per annum, paid in equal quarterly instalments.