Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Kirkland Lake Gold Ltd. T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Bullboard Posts
Post by westcoast2019on May 06, 2019 2:12am
100 Views
Post# 29713445

How about a unique dividend policy ?

How about a unique dividend policy ?

Speculation is we may see a dividend raise soon. I remember back in the early 2000's GoldCorp used to hold back some gold sales hoping for higher prices later. There was talk of even having dividends paid in actual gold if the shareholder wanted .

I was thinking (oh-oh) LOL.

What if a policy was instituted where dividends could be received in gold.

An account could be set up with a company that stores allocated bullion bars and if the KL shareholder chose that option they could have their dividends sent to the company and allocated gold bars would be bought for them whenever the correct amount was received the bar serial numbers then sent to the customer with receipt. For those holding in unregistered accounts they might want to have some of the dividend paid in cash so they could pay taxes. If you wanted both cash and bullion you could also hold in separate accounts.

Just a thought I think it would make for an interesting policy and emphasize that the shareholders of this company are accumulating real gold not fiat currency.

Of course this is not something a dividend receiver couldn't do on their own it would just be a neat policy that some shareholders might find attractive and would set KL apart from others without such a policy.


Bullboard Posts