Dividend History + Policies

As evidence of our ability to generate substantial cash flow and as part of our long-term strategy to maximize shareholder value, Alamos’ Board of Directors initiated a semi-annual dividend policy in early 2010. This dividend policy allows us to reward our shareholders by returning a portion of the cash we generate from operations twice a year.

The Board of Directors will evaluate the amount of the dividend semi-annually depending on our capital levels and alternative uses of capital for growth, but we are confident that Alamos will be able to consistently pay a dividend moving forward, and that this will provide yet another measure on how investors will differentiate Alamos from its peers.

We’d also like you to know that Alamos’ dividends qualify as “eligible dividends” for Canadian income tax purposes and that we currently do not have a Dividend Re-Investment Plan (“DRIP”).

Dividend History

Alamos’s Board of Directors met on March 11, 2010 and authorized an inaugural dividend of $0.03 per common share, payable on April 15, 2010 to shareholders of record on April 1, 2010. 

On September 16, 2010, Alamos’ Board of Directors declared an increase to the semi-annual dividend to $0.035 per common share, payable on October 29, 2010 to shareholders of record on October 15, 2010.

On March 14, 2011, Alamos' Board of Directors declared an increase to the semi-annual dividend to $0.05 per common share, payable on May 2, 2011 to shareholders of record on April 15, 2011.

On September 15, 2011, Alamos' Board of Directors declared an increase to the semi-annual dividend to $0.07 per common share, payable on October 28, 2011 to shareholders of record on October 14, 2011.