Dividend

Click Here for Illustrative Dividend Calculator.

 

In December 2022, Morien approved the reinstatement of its quarterly dividend payment.

As the Donkin Coal Mine scales up production, it is anticipated that quarterly dividends will be calculated in relation to cash flow available for distribution, having regard to the stability of cash flow and the need to maintain flexibility to secure new royalty assets.

From Q4 2017 to Q1 2020, Morien paid quarterly dividends of $0.0025 to $0.005 per common share. In Q2 2020, as a result of the Donkin Mine being placed on care and maintenance, Morien made the decision to suspend its quarterly dividend.

Simple Share Buttons