Aura Minerals Announces Dividend Payment of US$0.33 per Share
Aura Announces Dividend of $0.33 per Share and $0.11 per BDR for Q2 2025, Leading to a Long-Term Dividend Yield of 7.4%
Aura Minerals Inc., a company focused on the development and operation of gold and base metal projects in the Americas, has declared and approved a dividend of US$0.33 per common share. The total dividend payout amounts to approximately US$27.32 million.
This dividend payment is above the minimum foreseen in the Company's Dividend Policy, which allows for cash dividends up to an aggregate amount equal to 20% of its reported quarterly Adjusted EBITDA, after deducting sustaining and exploration capital expenditures for that quarter.
As of August 5, 2025, Aura Minerals Inc. had 82,629,872 common shares issued and outstanding. The dividend will be paid on August 26, 2025, to shareholders of record as of the close of business on August 18, 2025. Holders of the Company's Brazilian Depositary Receipts will receive US$0.11 per BDR and are expected to receive payment on or around September 5, 2025.
Rodrigo Barbosa, President & CEO, commented that the dividend achieves a 7.4% dividend yield over the last twelve months. The Company has not commented on its ability to achieve its short and long-term outlook since the initial press release.
The dividend is not subject to withholding taxes at the time of payment by the Company. However, Aura Minerals Inc. has not provided any update on the anticipated timing of the Dividend since its initial announcement.
Aura Minerals Inc. operates five mining assets: Minosa (Honduras), Almas, Apoena, and Borborema (Brazil), and Aranzazu (Mexico). The Company also owns Era Dorada (Guatemala), Tolda Fria (Colombia), and three projects in Brazil: Matupá (under development), São Francisco (care and maintenance), and the Carajás copper project (exploration phase).
The Company focuses on mining in a holistic manner, considering its impact on all stakeholders, which it calls 360° Mining. However, Aura Minerals Inc. has not provided any information about copper and gold price volatility, changes in debt and equity markets, or other risks in the mineral exploration and development industry since the initial press release.
- The dividend payment announced by Aura Minerals surpasses the maximum limit outlined in their Dividend Policy, which is 20% of its reported quarterly Adjusted EBITDA.
- Toronto-based Aura Minerals, a company involved in business, finance, and personal-finance through mining operations, is paying a dividend of US$0.33 per share, totaling approximately US$27.32 million.
- The issuance of this dividend, achieving a 7.4% dividend yield over the last twelve months, comes in the context of a wider focus on environment-related policies and practices, as the company operates with a holistic approach to mining called 360° Mining.
- The Toronto Stock Exchange (TSX) might be interested in reporting this significant news about a Toronto-based company's policy change, as it falls under the categories of business, finance, and personal-finance, especially considering the impact on shareholders' personal-finance portfolios. Additionally, the potential risks associated with mineral exploration and development, such as copper and gold price volatility, changes in debt and equity markets, should be considered by investors in light of this dividend announcement.
