Alamos Gold Increases Dividend by 60% to an Annual Rate of $0.16 Per Share

Core Viewpoint - Alamos Gold Inc. has announced a 60% increase in its quarterly dividend to US$0.04 per common share, reflecting the company's strong financial outlook and free cash flow growth [1][2]. Financial Performance - The company generated record free cash flow of $352 million in 2025 and expects this to continue increasing while investing in high-return growth projects [2]. - Alamos anticipates nearly doubling its annual production to approximately one million ounces by 2030, supported by ongoing projects such as the Phase 3+ Expansion in 2026 and the Island Gold District Expansion in 2028 [2]. Dividend History and Policy - Alamos has paid dividends for 16 consecutive years, returning a total of $463 million to shareholders through dividends and share buybacks [3]. - The upcoming dividend is payable on March 26, 2026, to shareholders of record as of March 12, 2026, and qualifies as an "eligible dividend" for Canadian income tax purposes [3]. Dividend Reinvestment Plan - The company offers a Dividend Reinvestment Plan (DRIP) that allows shareholders to reinvest dividends into common shares at a 1% discount to the market price without incurring transaction costs [4]. - Enrollment in the DRIP is optional and must be completed by 4:00 pm ET on the fifth business day prior to the dividend record date [5]. Company Overview - Alamos Gold is a Canadian-based intermediate gold producer with operations in North America, including the Island Gold District and Young-Davidson mine in Ontario, and the Mulatos District in Mexico [6]. - The company is committed to sustainable development and employs over 2,400 people [6].