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25% Increase in Dividend Boost IAMGOLD Shares in TSX, U.S.

IAMGOLD Corp. (IMG.TO) shares started the day lower at $19.22, but are now trading at the higher end of a $19.21 to $19.56 on the Toronto Stock Exchange after a 1% rise from yesterday's $19.32 close, as the company announce an increase on its annual dividend payment.

The company said it has increased its annual dividend payment by 25% from $0.20 per share to $0.25 per share. IAMGOLD's President and CEO, Steve Letwin said, "Our strong cash flow allows us to invest in both growing the business and increasing dividends. IAMGOLD has a strong balance sheet and a focused portfolio of assets that generates significant operating cash flow."

Companies: IAMGOLD Corp

Price: US$19.29. Price Change: +0.44. Percent Change: +2.3.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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