| Progressive dividend maintained as Randgold builds... | |
| | |
|
London, 30 March 2015 - Randgold Resources intends to continue to pay a progressive ordinary dividend that will increase or at least be maintained annually, the company says in its annual report for 2014 published today. The board has proposed a 20% increase in the 2014 dividend to $0.60 per share for approval at its annual general meeting on 5 May 2015.
Chief financial officer Graham Shuttleworth said that the company also intended to build its net cash position to approximately $500 million to provide financing flexibility for future new mine developments and/or other growth opportunities.
|
|
|
Randgold Resources Ltd.
|
|
PRODUCER |
CODE : GOLD |
ISIN : US7523443098 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Randgold Res. is a gold producing company based in United kingdom. Randgold Res. holds various exploration projects in Tanzania. Its main assets in production are MORILA, LOULO and TONGON in Mali and OBUASI in Ghana, its main assets in development are KIBALI (KILO-MOTO) in Congo Dem. Rep. of, MASSAWA in Senegal and GOUNKOTO in Ghana and its main exploration property is MIYABI in Tanzania. Randgold Res. is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is US$ 1.6 billions as of today (€ 1.5 billions). Its stock quote reached its lowest recent point on November 07, 2003 at US$ 10.03, and its highest recent level on January 04, 2013 at US$ 99.88. Randgold Res. has 93 804 000 shares outstanding. |