Next Dividend27 Aug 2020 12:06
Barrick Gold (NYSE: GOLD) (TSX: ABX) has increased it's dividend for the second quarter of 2020 by US $0.08 per share which is a 14% increase on the previous quarter’s dividend. This is payable on September 15, to shareholders of record at the close of business on August 31, 2020. I've checked to make sure there's no Statutory Bank Holiday in either the US or Canada on August 31st and there's not.
Although the rise in dividend is welcome, it's still quite a low dividend and if I remember correctly below it's sector average. There will also be an exchange rate charge.
Also, investors who hold Barrick stock following it's merger with Randgold will find if they check with their UK Broker that most have a policy of using the primary listed exchange which in this case is Toronto.