Dividend Policy

As part of the Company's long-term strategy to maximize shareholder value, Nevsun commenced paying an annual dividend in 2011, shortly after declaration of commercial production at the Bisha mine.

The Board of Directors completed a review of the dividend policy late 2017. Following the January 17, 2018 dividend payment, the Company made the decision to suspend dividend payments to redeploy capital to the high-grade Timok copper-gold project in Serbia. 

The full dividend history of the Company is noted in the table below.


Dividend Per Share Record Date Payment Date
$0.01 December 29, 2017 January 17, 2018
$0.01 September 29, 2017 October 17, 2017
$0.01 March 31, 2017 April 13, 2017
$0.04 December 30, 2016 January 13, 2017
$0.04 September 30, 2016 October 14, 2016
$0.04 June 20, 2016 July 8, 2016
$0.04 March 31, 2016 April 15, 2016
$0.04 December 31, 2015 January 15, 2016
$0.04 September 30, 2015 October 15, 2015
$0.04 June 30, 2015 July 15, 2015
$0.04 March 31, 2015 April 15, 2015
$0.04 December 31, 2014 January 15, 2015
Increased Dividend 14%
$0.035 September 30, 2014 October 15, 2014
$0.035 June 30, 2014 July 15, 2014
$0.035 March 31, 2014 April 15, 2014
Changed dividend to quarterly at same rate
$0.07 December 31, 2013 January 15, 2014
$0.07 June 28, 2013 July 15, 2013
Increased Dividend 40%
$0.05 December 31, 2012 January 15, 2013
$0.05 June 30, 2012 July 16, 2012
$0.05 December 31, 2011 January 15, 2012
Increased Dividend 67%
$0.03 June 30, 2011 July 15, 2011