Investor Relations

Eldorado is one of the lowest cost pure gold producers, with a strong balance sheet, some of the best margins in the business and no hedge positions.

We aggressively continue to grow Eldorado as one of the world's best pure gold producers.

On May 6, 2010 we announced our dividend policy. Our first annual dividend of C$0.05 per common share was payable on June 18, 2010 to our shareholders of record as of June 4, 2010.

On January 10, 2011 we declared an additional dividend of C$0.05 per share attributable to 2010 performance. The additional dividend doubled the amount of the 2010 dividend to C$0.10 per share. This additional dividend was paid on February 25, 2011 (Vancouver time) to shareholders of record at the close of business on February 11, 2011 (Vancouver time).

On July 28, 2011, we declared the first of two semi-annual dividends for 2011. Shareholders of record on August 12, 2011 received C$0.06 per share on August 26, 2011 (Vancouver time) or, if they held CHESS Depositary Interests, received an equivalent amount converted to Australian Dollars. The Company expects to declare and pay its second semi-annual dividend after the end of the fourth quarter. The total dividend amount will be based on gold production, gold sales, gold price, margins, capital reinvestment and market conditions among other factors.

Eldorado's international expertise in mining, finance and project development places us in a strong position to grow in value and deliver superior returns to our shareholders. We build value by advancing our operations, building new projects and pursuing exploration opportunities.


Last update: August 29, 2011