Mineros Proposes $0.10 Annual Dividend for 2025
The Medellín-based gold miner's board has asked shareholders to approve quarterly payments matching the prior year's dividend.
Updated on Nov. 6, 2026 in Corporate Finance
Mineros S.A. board proposed a $0.10 per share annual dividend for 2025, payable in four quarterly installments of $0.025 per share. Shareholders will vote on the proposal at the March 31, 2025 meeting.
Why it matters
The proposed payout equals the dividend approved for 2024 and represents 35% of the company's profit for the year, above its stated policy of paying at least 15% of prior-year net income. The total distribution would be $29,973,740.
The proposed total distribution is $29,973,740, or $0.025 per share each quarter, equal to 35% of the year's profit versus a 15% policy minimum. The vote could alter the amount or installment schedule, as shareholders may approve the proposal with or without variation.
The players
Mineros S.A.
A Colombian gold mining company headquartered in Medellín with operations in Nicaragua and a listing on the Toronto Stock Exchange under the symbol MSA.
The details
Installments would be paid May 2, 2025, August 1, 2025, November 4, 2025, and February 2, 2026, if approved without variation. Dividends are paid from taxed profits earned during and after 2017, and non-Colombian tax residents face a 20% withholding rate, which may be lower under tax treaties with Colombia.
Timeline
February 20, 2025: Board announced the dividend proposal.
March 31, 2025: Shareholders vote at the ordinary general meeting.
May 2, 2025: First quarterly installment of $0.025 per share payable.
August 1, 2025: Second quarterly installment payable.
November 4, 2025: Third quarterly installment payable.
Market Dynamics
Mineros's proposed payout runs well above the 15% minimum set by its own dividend policy, and it repeats the 2024 per-share dividend rather than increasing it. The pattern signals a steady rather than expanding return to shareholders.
Shareholders receiving the dividend would collect $0.025 per share each quarter if the proposal passes unchanged. Non-Colombian residents should expect a 20% withholding tax unless a tax treaty with Colombia lowers the rate.
The takeaway
Investors weighing Mineros should note that the proposed distribution is tied to a single shareholder vote and that foreign holders may owe withholding tax before any treaty reduction. Reviewing the company's dividend policy alongside its annual profit gives a clearer view of future payouts.
What happens next
Shareholders will vote on the dividend proposal at the March 31, 2025 meeting, and the first installment of $0.025 per share is scheduled for May 2, 2025 if approved without variation.
Further reading
For more on how companies set and pay shareholder distributions, see Corporate Finance.
