RMS.ASX: Maiden Interim Dividend and DRP

Maiden Interim Dividend and DRP

Stock	Ramelius Resources Ltd (RMS.ASX)
Release Time	21 Feb 2025, 8:53 a.m.
Price Sensitive	Yes

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Ramelius Resources Announces Maiden Interim Dividend

Key Points

Ramelius declares maiden interim dividend of A$0.03 per share
Dividend Reinvestment Plan (DRP) with 2.0% discount to be applied
Dividend payment and share allotment on 17 April 2025

Full Summary

Ramelius Resources Ltd (ASX: RMS) has announced a fully franked maiden interim dividend of A$0.03 per share in respect of the six months to 31 December 2024. The key dates for the dividend are: 17 March 2025 (Ex-Dividend Date), 18 March 2025 (Record Date), 19 March 2025 (DRP Election Date), 20 March - 2 April 2025 (DRP price calculation period), and 17 April 2025 (Payment / Share Issue / Allotment Date). Ramelius' Dividend Reinvestment Plan (DRP) will apply to the dividend, with a 2.0% discount to the 10-day volume weighted average price to be applied to shares issued under the DRP. Ramelius Managing Director, Mark Zeptner, stated that the company's strong financial performance in the first half of FY25, including record production, profitability, and cash flow generation, has enabled the company to increase returns to shareholders with this maiden interim dividend.