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