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Barrick Gold Corporation

Barrick Declares Dividend

Aug 10, 2020
Toronto — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that its Board of Directors has declared a dividend for the second quarter of 2020 of US $0.08 per share, a 14% increase on the previous quarter’s dividend, payable on September 15, 2020, to shareholders of record at the close of business on August 31, 2020.1
 
Senior executive vice-president and chief financial officer Graham Shuttleworth said that Barrick’s quarterly  dividend has more than doubled since the announcement of the Barrick-Randgold merger in September 2018, reflecting Barrick’s continued strong financial performance.
 
“The Board believes that the dividend increase is sustainable and is reflective of the ongoing robust performance of our operations and continued improvement in the strength of our balance sheet, with total liquidity of $6.7 billion, including a cash balance of $3.7 billion as of the end of the second quarter, and no material debt repayments due before 2033,” said Shuttleworth.
 
Enquiries
 
President and CEO
Mark Bristow
+1 647 205 7694
+44 788 071 1386
 
Senior EVP and CFO
Graham Shuttleworth
+1 647 262 2095
+44 779 771 1338
 
Investor and media relations
Kathy du Plessis
+44 20 7557 7738
Email: barrick@dpapr.com
 

Source: https://www.barrick.com/English/news/news-details/2020/dividend-q2_2020/default.aspx

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