(Bloomberg) — Barrick Gold Corp. is returning some of the windfall it’s getting from gold’s record rally to its shareholders.The world’s second-largest gold miner increased its quarterly cash dividend 14% to 8 cents per share, the company said Monday in its second-quarter earnings statement.“The board believes that the dividend increase is sustainable and reflects the ongoing robust performance of our operations and continued improvement in the strength of our balance sheet,” the company said.Chief Executive Officer Mark Bristow said the strong cash generation demonstrated the quality of Barrick’s assets and management’s ability to capture the full benefit of higher gold …read more
Source:: Yahoo Finance
