Centerra Gold Inc. (CGAU) to Distribute Quarterly Dividend of C$0.07 on December 2nd

Centerra Gold Inc. (NYSE:CGAU – Get Free Report) declared a quarterly dividend on Thursday, October 29th. Shareholders of record on Thursday, November 19th will be given a dividend of C$0.07 per share on Wednesday, December 2nd. This represents a $0.28 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, November 19th.

Centerra Gold has a dividend payout ratio of 19.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Centerra Gold to earn $1.97 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 10.2%.

Centerra Gold Stock Performance

Shares of CGAU stock opened at $20.24 on Friday. The stock’s 50-day moving average is $22.19 and its two-hundred day moving average is $18.95. The firm has a market cap of $3.96 billion, a price-to-earnings ratio of 9.41, a PEG ratio of 1.91 and a beta of 0.84. Centerra Gold has a 1 year low of $11.13 and a 1 year high of $24.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.49 and a current ratio of 2.42.

Centerra Gold (NYSE:CGAU – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Centerra Gold had a return on equity of 15.30% and a net margin of 23.67%. The business had revenue of $500.30 million for the quarter, compared to analysts’ expectations of $440.83 million. Analysts predict that Centerra Gold will post 1.52 earnings per share for the current year.

Key Centerra Gold News

Here are the key news stories impacting Centerra Gold this week:

  • Positive Sentiment: Centerra reported third-quarter adjusted earnings of $0.37 per share, exceeding the $0.33 analyst consensus, while revenue of $500.3 million was well above estimates of $440.8 million. Centerra Gold Reports Third Quarter 2026 Results
  • Positive Sentiment: Full-year all-in sustaining cost guidance on a by-product basis at the Mount Milligan mine was lowered, suggesting better-than-expected cost performance. The company also reported record quarterly share repurchases and continued progress on its self-funded North American growth strategy. Operational and Capital Allocation Update
  • Positive Sentiment: The board approved a quarterly dividend of C$0.07 per share, or C$0.28 annualized, payable December 2 to shareholders of record November 19. The dividend represents approximately C$13.6 million in total distributions and supports the investment case through ongoing shareholder returns. Centerra Gold Announces Quarterly Dividend
  • Neutral Sentiment: Centerra’s assets climbed above $3.2 billion, indicating a substantial asset base, although the market’s focus remains on operating profitability and mine execution. Centerra Gold Third-Quarter Results and Assets
  • Negative Sentiment: Reports highlighted a decline in Centerra’s third-quarter bottom line, which may be overshadowing the EPS and revenue beats. In addition, Zacks added CGAU to its Rank #5 “Strong Sell” list, creating another near-term source of negative sentiment. Centerra Gold Reveals Drop in Q3 Bottom Line

About Centerra Gold

(Get Free Report)

Centerra Gold Inc is a Canadian-based mining company focused on the acquisition, exploration, development and operation of gold and copper properties. The company produces gold doré and copper-gold concentrate from its operating mines and manages related processing, infrastructure and exploration activities.

Centerra’s principal assets include the Mount Milligan copper-gold mine in British Columbia, Canada, and the Öksüt gold mine in Türkiye. The company also owns the Kemess project in British Columbia, which is being advanced as a potential copper-gold development project.

Further Reading

Dividend History for Centerra Gold (NYSE:CGAU)

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