Caledonia declares dividend; confirms 2017 guidance

TSX- and Aim-listed gold producer Caledonia Mining has declared a quarterly dividend of $0.01375, supporting its position as one of only a handful of junior gold miners on the LSE able to afford rewarding its investors. The Southern Africa-focused company’s dividend announced Tuesday is in line with the company’s established policy, initiated in January 2014, and subsequently increased in July 2016, of paying a yearly rate of $0.055 cents a quarter.