Investors

Dividends

The Board of Directors of Amerigo will continue to declare dividends depending on a number of factors including but not limited to the Company’s financial performance, the copper market outlook and the level of activity of the Company’s share buyback programs.

Eligible dividends

Amerigo views common share dividends as an important part of a shareholder's return on investment. 

The Board of Directors of Amerigo reinstated the declaration and payment of dividends in the fourth quarter of 2021 and is currently paying a sustainable quarterly dividend of Cdn$0.03 per share, and has announced a performance dividend mechanism which can be used at any time and in any amount to distribute surplus cash to shareholders, with a targeted minimum corporate cash balance of $20 to $25 million. 

Amerigo has designated all dividends since December 31, 2005, as “eligible dividends” for purposes of the Income Tax Act (Canada), as amended from time to time.

Withholding taxes

No withholding tax will be applied to tax residents of Canada. 

Canadian non-resident taxpayers who hold their Amerigo shares through brokerage accounts should contact their brokers to complete the appropriate income tax forms to request a credit for taxes withheld on the dividends from Amerigo. Taxes are withheld by your broker, not by Amerigo or Computershare.

Canadian non-resident taxpayers who hold their Amerigo shares directly through Computershare should complete the appropriate income tax forms with Computershare.  Forms can be submitted by email to service@computershare.com. Additional inquiries can be referred to Computershare’s Investor Services at 1-800-564-6253

History of dividend payments

Date declared Record date Payment date Dividend per share
(Cdn$)
Total dividends paid
(US$)
February 20, 2024 March 6, 2024 March 20, 2024 0.03 $3,653,189
October 30, 2023 November 30, 2023 December 20, 2023 0.03 $3,641,107
July 31, 2023 August 30, 2023 September 20, 2023 0.03 $3,653,412
May 1, 2023 May 30, 2023 June 20, 2023 0.03 $3,706,816
February 21, 2023 March 6, 2023 March 20, 2023 0.03 $3,636,858
October 31, 2022 November 30, 2022 December 20, 2022 0.03 $3,716,762
August 2, 2022 August 31, 2022 September 20, 2022 0.03 $3,784,833
May 2, 2022 May 30, 2022 June 20, 2022 0.03 $4,064,800
February 22, 2022 March 4, 2022 March 21, 2022 0.03 $4,175,207
November 1, 2021 November 30, 2021 December 20, 2021 0.02  $2,828,720
November 5, 2012 November 19, 2012 November 29, 2012 0.02 $3,559,174
May 3, 2012 May 16, 2012 May 25, 2012 0.02 $3,291,090
November 2, 2011 November 15, 2011 November 30, 2011 0.02 $3,385,160
March 25, 2011 April 22, 2011 May 5, 2011 0.02 $3,459,590
July 24, 2008 August 22, 2008 September 5, 2008 0.065 $5,784,475
February 27, 2008 March 25, 2008 April 4, 2008 0.065 $6,018,524
July 30, 2007 August 22, 2007 August 31, 2007 0.065 $5,802,372
February 24, 2007 March 27, 2007 April 4, 2007 0.065 $5,286,918
July 31, 2006 August 18, 2006 September 1, 2006 0.045 $3,818,895
February 14, 2006 March 31, 2006 April 7, 2006 0.045 $3,630,307
August 5, 2005 August 19, 2005 September 1, 2005 0.045 $3,152,777