Metalla's board of directors has approved and declared monthly cash dividends on its common shares (subject to any applicable tax withholding obligations). The monthly record and payment date is set out in the table below starting in January 2018, and will be made to shareholders of record as set out below. The Company plans to expand this dividend over the calendar year of 2018, with the goal of paying out up to 50% of its after tax and G&A operating cash flow. It is the intention of the Company that the dividend amount will be linked to the gold and silver price and operating cash flow the Company's royalties and streams generate. It will be adjusted quarterly to represent any new cash flowing assets currently under development and to reflect any changes in the gold and silver price.
Dividend Schedule
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
| |
Declaration Date |
Record Date |
Payment Date |
Payment Amount ($CAD)(1) |
| Special Dividend |
July 10, 2023 |
August 1, 2023 |
September 15, 2023 |
$0.03 |
(1) For payments of the Special Dividend to U.S. Shareholders, the amount will be converted to U.S. dollars based on the exchange rate as of September 15, 2023
| Month |
Record Date |
Payment Date |
Payment Amount ($CAD) |
| January(1) |
January 2, 2020 |
January 15, 2020 |
$0.004 (adjusted for 4:1 consolidation) |
| February(1) |
February 3, 2020 |
February 17, 2020 |
$0.004 (adjusted for 4:1 consolidation) |
| March(1) |
March 2, 2020 |
March 16, 2020 |
$0.004 |
| April(1) |
April 1, 2020 |
April 15, 2020 |
$0.004 |
| May(1) |
May 1, 2020 |
May 15, 2020 |
$0.004 |
| June(2) |
Paused due to Covid-19 |
| July(2) |
Paused due to Covid-19 |
| August(2) |
Paused due to Covid-19 |
| September(2) |
Paused due to Covid-19 |
| October(2) |
Paused due to Covid-19 |
| November(2) |
Paused due to Covid-19 |
| December(2) |
Paused due to Covid-19 |
(1) Eligible dividend pursuant to the Income Tax Act (Canada).
(2) June - December (2) Paused due to global mining operations being shut down due to Covid-19. Board will meet to determine the future dividend schedule.
| Month |
Record Date |
Payment Date |
Payment Amount ($CAD) |
| January(1) |
January 2, 2019 |
January 15, 2019 |
$0.0015 |
| February(1) |
February 1, 2019 |
February 15, 2019 |
$0.0015 |
| March(1) |
March 1, 2019 |
March 15, 2019 |
$0.0015 |
| April(1) |
April 1, 2019 |
April 15, 2019 |
$0.0015 |
| May(1) |
May 1, 2019 |
May 15, 2019 |
$0.0015 |
| June(1) |
June 3, 2019 |
June 17, 2019 |
$0.001 |
| July(1) |
July 2, 2019 |
July 15, 2019 |
$0.001 |
| August(1) |
August 1, 2019 |
August 15, 2019 |
$0.001 |
| September(1) |
September 3, 2019 |
September 16, 2019 |
$0.001 |
| October(1) |
October 1, 2019 |
October 15, 2019 |
$0.001 |
| November(1) |
November 1, 2019 |
November 15, 2019 |
$0.001 |
| December(1) |
December 2, 2019 |
December 16, 2019 |
$0.001 |
(1) Eligible dividend pursuant to the Income Tax Act (Canada).
| Month |
Record Date |
Payment Date |
Payment Amount ($CAD) |
| January |
January 3, 2018 |
January 15, 2018 |
$0.001 |
| February |
February 1, 2018 |
February 15, 2018 |
$0.001 |
| March |
March 1, 2018 |
March 15, 2018 |
$0.001 |
| April |
April 2, 2018 |
April 16, 2018 |
$0.001 |
| May(1) |
May 1, 2018 |
May 15, 2018 |
$0.001 |
| June(1) |
June 1, 2018 |
June 15, 2018 |
$0.0015 |
| July(1) |
July 3, 2018 |
July 16, 2018 |
$0.0015 |
| August(1) |
August 1, 2018 |
August 15, 2018 |
$0.0015 |
| September(1) |
September 4, 2018 |
September 17, 2018 |
$0.0015 |
| October(1) |
October 1, 2018 |
October 15, 2018 |
$0.0015 |
| November(1) |
November 1, 2018 |
November 15, 2018 |
$0.0015 |
| December(1) |
December 3, 2018 |
December 17, 2018 |
$0.0015 |
(1) Eligible dividend pursuant to the Income Tax Act (Canada).
