TSX:LUGMetals and Mining
Lundin Gold (TSX:LUG) Is Up 5.2% After Reaffirming Dividend Policy And Long-Term Production Guidance
Earlier this month, Lundin Gold Inc. confirmed it will continue its fixed quarterly dividend of US$0.30 per share plus a variable dividend tied to at least 50% of normalized free cash flow, and issued gold production guidance for its Fruta del Norte mine through 2028.
The combination of a consistent dividend framework and multi-year production outlook gives investors clearer visibility on how operating performance may translate into ongoing cash returns.
We’ll now examine how this reaffirmed...