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