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Eldorado paid its first dividend in June 2010.

Dividend Schedule

Record Date
(Vancouver Time)

Record Date
(Sydney Time)

Payment Date
(Vancouver Time)

Payment Date
(Sydney Time)

Dividend per Share*
(CDN$)

 Mar 7, 2017N/AMar 16, 2017N/A$0.02
Aug 17, 2015 N/A Aug 26, 2015 N/A $0.01
Feb 2, 2015 N/A Feb 16, 2015 N/A $0.01
Aug 15, 2014 N/A Aug 26, 2014 N/A $0.01

Jan 31, 2014

N/A

Feb 14, 2014

N/A

$0.01

Aug 15, 2013

N/A

Aug 26, 2013

N/A

$0.05

Jan 31, 2013

N/A

Feb 14, 2013

N/A

$0.07

Aug 10, 2012

Aug 11, 2012

Aug 24, 2012

Aug 27, 2012

$0.06

Jan 31, 2012

Feb 01, 2012

Feb 14, 2012

Feb 15, 2012

$0.09

Aug 12, 2011

Aug 13, 2011

Aug 26, 2011

Aug 29, 2011

$0.06

Feb 11, 2011

Feb 12, 2011

Feb 25, 2011

Feb 28, 2011

$0.05

Jun 04, 2010

Jun 05, 2010

Jun 18, 2010

Jun 19, 2010

$0.05

*Dividend amounts are announced gross of tax. If you are a Canadian resident, you will be paid the full amount announced per share. If you are a non-resident, you will be subject to a 15% withholding tax as legislated by Revenue Canada. For advice on recouping this tax, please contact your tax advisor.

Dividend Policy

We have a simple, sustainable dividend formula based on the average realized gold price and the number of ounces of gold sold. It’s a tiered approach, so as the average realized gold price increases, the fixed dollar dividend amount also increases. The formula, shown in the table below, encourages capital discipline and improved capital return predictability. For more information, please see our news release of August 2, 2013.

Payment of a dividend is subject to the approval of the Board of Directors in its sole discretion and is dependent upon, among other things, the financial condition of and outlook for the Company, general business conditions, legal restrictions and the Company's cash flow and financing needs.

Gold Price
(US$/oz)
Dividend
(CDN$/oz)

$1,251 – $1,399

$25

$1,400 – $1,549

$50

$1,550 – $1,599

$75

$1,600 – $1,649

$100

$1,650 – $1,699

$125

$1,700 – $1,749

$150

$1,750 – $1,849

$175

$1,850 – $1,999

$225

Dividend paid in CDN$ per ounce sold at average realized gold price.