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Kinross Gold pays first dividend in 7 years with metal rallying
Round Mountain, USA. Credit: Kinross Gold Corp.

Canadian miner Kinross Gold Corp. is boosting output and paying its first dividend in seven years after gold prices surged to a record.

The Toronto-based company will give shareholders 3 cents a common share, and resume quarterly dividends of the same amount, taking the total distribution to 12 cents a year, according to a statement Thursday. Production is expected to increase 20% by 2023.

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Round Mountain, USA. Credit: Kinross Gold Corp.

Canadian miner Kinross Gold Corp. is boosting output and paying its first dividend in seven years after gold prices surged to a record.

The Toronto-based company will give shareholders 3 cents a common share, and resume quarterly dividends of the same amount, taking the total distribution to 12 cents a year, according to a statement Thursday. Production is expected to increase 20% by 2023.

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