In November, the board of directors approved an increase to the annual dividend from $0.12 per common share in 2023, to $0.16 per common share in 2024. In addition, to recognize the return to our tier-one run rate, and in line with the principles of our capital allocation framework, we have recommended to our board of directors a dividend growth plan for consideration. Based on this plan, we expect an annual increase of at least $0.04 per common share in each of 2025 and 2026 to achieve a doubling of the 2023 dividend from $0.12 per common share, to $0.24, per common share.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCJ:
- Cameco reports Q4 adjusted EPS 36c, consensus 32c
- Cameco expects ‘strong’ financial performance in 2025
- CCJ Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Nuclear Energy Stocks Face an Uncertain Future as Uranium Demand Outpaces Supply
- Cameco call volume above normal and directionally bullish