Dividends

LUCARA DIAMOND CORP
ISIN: CA54928Q1081

Change in Dividend Policy 

With the November 4, 2019 announcement of a positive feasibility study for development of an underground mine at Lucara’s 100% owned Karowe Diamond Mine, Lucara’s Board of Directors has determined that it is in the best interest of the Company and its shareholders to suspend the quarterly dividend payment of C$0.025 per share, effective immediately.  The feasibility study demonstrates the potential to extend the mine life at Karowe to 2040 while generating significant economic benefits for the Company, its shareholders, and employees, the communities surrounding the mine and the country of Botswana.  In anticipation of a decision to proceed with construction of an underground mine at Karowe, the Board of Directors are of the view that it would be prudent to re-direct the Company’s available cash so that those funds can be available for early works including detailed engineering, procurement initiatives, and project financing. 

Actual Amount
Per Share (CAD)
Record Date Payment Date PULA Status
Quarterly Dividend $0.025 Sep 6, 2019 Sep 19, 2019 BWP
0.206
Eligible Dividend
$0.025 Jun 7, 2019 Jun 20, 2019 BWP
0.205
Eligible Dividend
$0.025 Mar 22, 2019 Apr 11, 2019 BWP
0.200
Eligible Dividend
$0.025 Dec 7, 2018 Dec 20, 2018 BWP
0.199
Eligible Dividend
$0.025 Sep 7, 2018 Sep 20, 2018 BWP
0.208
Eligible Dividend
$0.025 Jun 8, 2018 Jun 21, 2018 BWP
0.195
Eligible Dividend
$0.025 Mar 23, 2018 Apr 12, 2018 BWP
0.185
Eligible Dividend
$0.025 Dec 1, 2017 Dec 14, 2017 BWP
0.205
Eligible Dividend
$0.025 Sep 1, 2017 Sep 14, 2017 BWP
0.203
Eligible Dividend
$0.025 Jun 2, 2017 Jun 15, 2017 BWP
0.195
Eligible Dividend
$0.025 Mar 17, 2017 Mar 30, 2017 BWP
0.200
Eligible Dividend
$0.015 Dec 2, 2016 Dec 15, 2016 BWP
0.121
Eligible Dividend
$0.015 Sep 2, 2016 Sep 15, 2016 BWP
0.116
Eligible Dividend
$0.015 Jun 3, 2016 Jun 16, 2016 BWP
0.1333
Eligible Dividend
$0.015 Mar 18, 2016 Mar 31, 2016 BWP
0.128
Eligible Dividend
Semi Annual $0.02 Dec 4, 2015 Dec 17, 2015 BWP
0.1616
Eligible Dividend
$0.02 Jun 5, 2015 Jun 18, 2015 BWP
0.1624
Eligible Dividend
$0.02 Dec 5, 2014 Dec 18, 2014 BWP
0.1649
Eligible Dividend
$0.02 Jun 6, 2014 Jun 19, 2014 BWP
0.1246
Eligible Dividend
Special $0.45 Sep 2, 2016 Sep 15, 2016 BWP
0.3880
Eligible Dividend
$0.04 Dec 5, 2014 Dec 18, 2014 BWP
0.3298
Eligible Dividend