financetom
Business
financetom
/
Business
/
Mineros Up 2% As Issues Dividend Distribution Proposal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mineros Up 2% As Issues Dividend Distribution Proposal
Feb 20, 2025 12:22 PM

03:09 PM EST, 02/20/2025 (MT Newswires) -- Mineros ( MNSAF ) was up 2% at last look late in Thursday's trading session after announcing its board of directors has proposed for the approval of shareholders that a quarterly ordinary dividend be paid of US$0.025 per share. This represents a total distribution of $0.10 per share per annum, or near $30 million in total for the year, calculated based on the number of shares issued and outstanding as of the close of business on Dec. 31, 2024.

This represents the same dividend payout as that approved for 2024.

The dividend proposal represents a distribution of 35% of the company's profit for the year, which is in line with the company's dividend policy, which is to pay in dividends at least 15% of the net income of the prior fiscal year.

Price: 1.98, Change: +0.03, Percent Change: +1.54

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UnitedHealth Optum unit finance chief leaves in latest management shake-up
UnitedHealth Optum unit finance chief leaves in latest management shake-up
Oct 23, 2025
Oct 23 (Reuters) - The finance chief of UnitedHealth Group's ( UNH ) Optum unit, Roger Connor, has left after less than six months in the role, in the latest management change at the healthcare giant. Ben Eklo, a longtime finance executive at the company, will succeed Connor effective November 1, a company spokesperson said on Thursday. The latest departure...
Sector Update: Consumer
Sector Update: Consumer
Oct 23, 2025
12:49 PM EDT, 10/23/2025 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) fractionally higher. In corporate news, American Airlines ( AAL ) plans to turn a profit this year as the air carrier on Thursday posted a smaller-than-estimated Q3...
Avanti Gold Closes C$25 Million LIFE Private Placement; Shares up 13%
Avanti Gold Closes C$25 Million LIFE Private Placement; Shares up 13%
Oct 23, 2025
01:22 PM EDT, 10/23/2025 (MT Newswires) -- Avanti Gold ( AVTGF ) on Thursday said it closed its private placement offering of share units that raised $25 million. The offering included 50-million units priced at $0.50 each and made up of a share and one half of a three-year warrant to buy a share for $0.65. The company plans to...
Consumer Portfolio Services Secures $167.5 Million Credit Facility Backed by Auto Loans
Consumer Portfolio Services Secures $167.5 Million Credit Facility Backed by Auto Loans
Oct 23, 2025
01:28 PM EDT, 10/23/2025 (MT Newswires) -- Consumer Portfolio Services ( CPSS ) closed a new $167.5 million revolving credit agreement. The two-year facility is secured by current and future automobile receivables and includes a subordinate lender to provide a higher effective advance rate, the company said Thursday in a statement. Under the terms, the company can borrow on a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved