Caledonia Mining Corporation Plc announced that its board of directors has declared a dividend of six and seven eighths United States cents (US$0.06875) on each of the Company’s common shares.
The relevant dates relating to the dividend are as follows:
• Ex-dividend date: October 11, 2018
• Record date: October 12, 2018
• Dividend cheque mailing date: October 26, 2018
Shareholders and depositary interest holders in Canada and the UK will be paid in Canadian
Dollars and Sterling respectively. The Canadian Dollar and Sterling dividend payments will be
calculated using the relevant Bank of Canada exchange rates on the record date.
Caledonia’s Dividend Policy
Caledonia’s strategy to maximise shareholder value includes a quarterly dividend policy which the
board of directors adopted in 2014. It is expected that the current dividend of twenty-seven and a
half United States cents per annum, paid in equal quarterly installments, will be maintained.