Centerra Gold Raises C$0.07 Dividend, Reports 33% Revenue Growth and 2026 Output Guidance
Centerra Gold approved a C$0.07 dividend ($10.2M) payable March 26 and delivered Q4 gold output of 70,853 ounces with copper at 13M pounds. Q4 revenue rose 33% to $401.6M and adjusted net earnings jumped 127% to $83.2M, while 2026 guidance forecasts 250-280k ounces of gold and 50-60M pounds of copper.
1. Q4 and Full-year Performance
Centerra Gold delivered Q4 gold production of 70,853 ounces and full-year 275,316 ounces, with copper output of 13 million pounds in Q4 and 50.5 million pounds for the year. Revenue climbed 33% to $401.6M in Q4 and 14% to $1.38B for the full year, while adjusted net earnings surged 127% to $83.2M in the quarter and 50% to $152.9M for the year.
2. Dividend Declaration
The board approved a quarterly dividend of C$0.07 per share, representing a $10.2M payout scheduled for March 26 to shareholders of record as of March 12, marking the company’s commitment to returning capital supported by strong cash flows.
3. 2026 Guidance and Strategic Outlook
The company forecast 2026 gold production between 250,000 and 280,000 ounces and copper output of 50-60 million pounds, underpinned by stable operations at Mount Milligan and Oksut. Management expects continued margin protection through disciplined cost management and strong cash generation to fund growth projects and shareholder returns.