Centerra Gold Inc. (TSX: CG) announced that on May 6, 2014 its Board of Directors has authorized a dividend of Cdn$0.04 per common share (approximately US$8.7 million at the current exchange rate).
The dividend of Cdn$0.04 per common share is payable on June 5, 2014 to shareholders of record on May 22, 2014. The dividend is an eligible dividend for Canadian income tax purposes.
In accordance with Centerra’s dividend policy, the timing and quantum of dividends are to be determined by the Board of Directors from time to time based on, among other things, the Company’s operating results, cash flow and financial conditions, Centerra’s current and anticipated capital requirements, and general business conditions.
