Caledonia Mining Announces New Quarterly Dividend for Shareholders

Caledonia Mining Corporation has declared a quarterly dividend of $0.14 per share, detailing specific ex-dividend and payment dates for shareholders.

Dividend Announcement Details

Caledonia Mining Corporation Plc has received approval for a quarterly dividend of 14 cents per share. Key dates for shareholders are as follows: the ex-dividend date for the Victoria Falls Exchange (VFEX) is on May 21, 2025, while the ex-dividend dates for AIM and NYSE American are both set for May 23, 2025. The record date is also May 23, and the payment date is scheduled for June 6, 2025. Shareholders in the UK will receive their dividends in Sterling. This payout reflects Caledonia’s commitment to enhancing shareholder value through its quarterly dividend policy, which has been in effect since 2014. Future dividends will be assessed based on investment opportunities and risk management considerations.

Potential Advantages

• Caledonia Mining’s declared dividend of 14 US cents per share underscores the company’s dedication to returning value to shareholders.
• The regular dividend payments highlight ongoing financial health and a consistent ability to generate profits, reinforcing investor confidence.
• This announcement aligns with Caledonia’s established dividend policy from 2014, suggesting a stable income stream for investors.

Potential Concerns

• Announcing a dividend could imply that the company has limited new investment opportunities, which may suggest stagnation or reduced growth potential.
• The reliance on a long-standing dividend policy might indicate a lack of innovation in adapting to evolving market conditions.

Frequently Asked Questions

What is the dividend amount approved by Caledonia Mining Corporation?

Caledonia Mining Corporation has approved a quarterly dividend of 14 US cents (US$0.14) per share.

When is the dividend payment date?

The payment date for the dividend is set for June 6, 2025.

What are the ex-dividend dates across different exchanges?

The ex-dividend dates are May 21, 2025, for VFEX and May 23, 2025, for AIM and NYSE American.

In what currency will UK shareholders receive their payments?

Shareholders with a UK registered address will receive their dividends in Sterling.

What is Caledonia’s approach to dividend policy?

Caledonia’s Board has maintained a quarterly dividend policy since 2014 to maximize shareholder value while considering future dividends in light of investment opportunities and risk management.

Recent Hedge Fund Activity Involving Caledonia Mining

In recent months, 51 institutional investors increased their positions in $CMCL, while 38 reduced theirs. Notable changes include:

• AMERICAN CENTURY COMPANIES INC added 131,451 shares (+60.7%) in Q4 2024, valuing approximately $1,236,953.
• RENAISSANCE TECHNOLOGIES LLC acquired 82,927 shares (+112.7%) in Q4 2024 for about $780,343.
• DIMENSIONAL FUND ADVISORS LP increased holdings by 61,694 shares (+24.5%) in Q4 2024, valued at around $580,540.
• VAN ECK ASSOCIATES CORP divested 59,011 shares (-8.5%) in Q4 2024, representing $555,293.
• GSA CAPITAL PARTNERS LLP added 52,819 shares (exact percentage not disclosed) in Q1 2025 for approximately $659,709.
• LOS ANGELES CAPITAL MANAGEMENT LLC increased their stake by 48,003 shares (+67.2%) in Q1 2025, valued at about $599,557.
• GLOBEFLEX CAPITAL L P added 46,289 shares (exact percentage not disclosed) in Q4 2024 for roughly $435,579.

Official Release

ST HELIER, Jersey, May 12, 2025 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors has approved a quarterly dividend of 14 US cents (US$0.14) per share. The relevant dividend dates are as follows:

• Ex-dividend date VFEX: May 21, 2025

• Ex-dividend date AIM: May 23, 2025

• Ex-dividend date NYSE American: May 23, 2025

• Record date: May 23, 2025

• Payment date: June 6, 2025

UK shareholders will receive their payments in Sterling.

Caledonia’s Commitment to Shareholder Value

Caledonia’s strategy to maximize shareholder value includes a quarterly dividend policy initiated in 2014. Future dividends will be assessed in accordance with ongoing investment opportunities and a prudent approach to risk management.

Inquiries:

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall

Tel: +44 1534 679 800 Tel: +44 7817 841 793

This announcement contains inside information disclosed per Market Abuse Regulation (EU) No. 596/2014, now part of UK law due to the European Union (Withdrawal) Act 2018.