Alamos Gold Inc.Declares Quarterly Dividend: A Testament to Strong Performance and Shareholder Value
Toronto, May 30, 2024 - Alamos Gold Inc.(TSX:AGI; NYSE:AGI) continues to demonstrate its commitment to value creation for shareholders by declaring a quarterly dividend of US$0.025 per common share.This announcement comes on the heels of an impressive performance in the Stock with Alamos Gold Inc.shares improving by 10.9% during the month of May and up 12.32% over the past 12 months.
The decision to declare a dividend reflects the Company’s strong financial position and confidence in its future prospects.Alamos Gold Inc.has a track record of consistently returning value to shareholders, having paid dividends for 15 consecutive years.In total, $344 million has been returned to shareholders through dividends and share buybacks, including $20 million thus far in 2024.
AGI shares are gaining momentum, with the stock price currently only 4% below its 52-week high of $17.29.This upward trajectory is a testament to the Company’s solid operational performance and strategic initiatives.
Investors can rest assured that Alamos Gold Inc.remains committed to creating long-term value for its shareholders.The declaration of a quarterly dividend underscores the Company’s dedication to rewarding investors and delivering sustainable returns.
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