07:24 AM EST, 01/22/2026 (MT Newswires) -- Eldorado Gold Corporation ( EGO ) was at last look up near 0.29% early Thursday as it announced the initiation of a dividend program.

In a statement the company said the dividend program provides for the payment of a regular quarterly dividend per common share of the company. The initial quarterly dividend of US$0.075 per common share has been declared and will be payable on March 13, 2026, to shareholders of record at the close of business on Feb. 27, 2026.

"This marks an important milestone in delivering value to our shareholders and reflects the Company's strong financial position and confidence in executing our growth strategy," said George Burns, chief executive officer. "The introduction of a dividend underscores our confidence in Skouries as it transitions into production and begins generating significant cash flow. Together with our share repurchase program, this dividend demonstrates a disciplined capital framework that balances shareholder returns with reinvestment in high-quality growth opportunities."

The company said during 2025 it repurchased and cancelled approximately US$204 million in common shares, further demonstrating a commitment to disciplined capital returns.

Shares in Eldorado rose 4.5% and set a fresh 52 week high of $64.05 in Canada yesterday.