StockMarketWire.com - Highland Gold Mining's board has adopted a dividend policy which anticipates a total payout of 20% of net cash flow from operating activities.

The company said it aimed to pay a dividend that took into account cash generation, profitability, balance sheet strength, and capital investment requirements.

It said the board may recommend the distribution of additional cash on the balance sheet through increased or special dividends should those funds not be required for capital expenditure or debt repayment.




At 9:57am: [LON:HGM] Highland Gold Mining Ltd share price was +0.5p at 153p



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