Franco-Nevada Corporation announced that its Board of Directors has declared a quarterly dividend of $0.26 per share. The dividend is a 4.0% increase from the previous $0.25 per share quarterly dividend and marks the 13th consecutive annual dividend increase for Franco-Nevada shareholders. The dividend will be paid on June 25, 2020 to shareholders of record on June 11, 2020 (the "Record Date").
At the AGM on May 6, 2020, Pierre Lassonde gave his last address as Chair before taking on the title of Chair Emeritus. Following the meeting, David Harquail was appointed Chair and Paul Brink as President and CEO. Mr. Brink has also joined the Board as a director along with Maureen Jensen who is the former Chair and CEO of the Ontario Securities Commission and a geoscientist.
Franco-Nevada Corporation is a Canada-based gold-focused royalty and streaming company. The Company focuses on precious metals, including gold, silver, and platinum group metals. The Company owns a portfolio of royalty, stream and working interests, covering properties at various stages, from production to early exploration located in South America, Central America and Mexico, United States, Canada, Australia, Europe and Africa. Its segments include Mining and Energy. The Companyâs assets include Candelaria, Tocantinzinho, Antapaccay, Cerro Moro, Cascabel (Alpala), Condestable, Cobre Panama, Guadalupe-Palmarejo, Stillwater, Goldstrike, Marigold, Bald Mountain, South Arturo, Mesquite, Detour Lake, Eskay Creek, Canadian Malartic, Courageous Lake, Goldfields, Cariboo, Golden Highway, Stibnite Gold, Sterling, Granite Creek (Pinson), Mesquite, Castle Mountain, Yanacocha mine and Monument Bay. Its Cascabel asset is a copper-gold-silver project located in northern Ecuador.
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