logo
Caledonia Mining Corporation Plc: Caledonia approves quarterly dividend

Caledonia Mining Corporation Plc: Caledonia approves quarterly dividend

Toronto Star11 hours ago
ST HELIER, Jersey, Aug. 11, 2025 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc ('Caledonia' or 'the Company') (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors has approved a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.
The relevant dates relating to the dividend are as follows:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Paramount buys UFC rights in $7.7-billion deal with TKO Group
Paramount buys UFC rights in $7.7-billion deal with TKO Group

Globe and Mail

time13 minutes ago

  • Globe and Mail

Paramount buys UFC rights in $7.7-billion deal with TKO Group

Paramount will become the new home to Ultimate Fighting Championship events across the U.S. next year, through a seven-year agreement announced with TKO Group on Monday. The news comes just days after Skydance and Paramount officially closed their $8 billion merger – kicking off the reign of a new entertainment giant after a contentious endeavour to get the transaction over the finish line. Under the deal with UFC, Paramount will exclusively distribute UFC's full lineup of its 13 marquee numbered events and 30 'Fight Nights' on its streaming platform Paramount+ – with select numbered events also set to simulcast on CBS – starting in 2026. It's a shift away from the UFC's existing pay-per-view model, which Paramount and TKO say will allow the mixed martial arts programming to reach more consumers nationwide. 'Paramount's advantage lies in the expansive reach of our linear and streaming platforms,' David Ellison, chairman and CEO of Paramount, said in a statement. 'Live sports continue to be a cornerstone of our broader strategy – driving engagement, subscriber growth, and long-term loyalty, and the addition of UFC's year-round must-watch events to our platforms is a major win.' Opinion: Opinion: All the rage: How the UFC became America's most important (and misunderstood) political powerhouse Mark Shapiro, president and COO of TKO, added that the deal will mean 'deeper engagement for UFC's passionate fan base' and that its athletes 'will love this new stage.' UFC events currently air on ESPN – which has offered tiered pricing for fans to view content across the sports network's TV offerings and streaming platform ESPN+ since 2019. UFC's partnership with Disney-owned ESPN runs through the end of 2025. The seven-year deal between Paramount and TKO has an average annual value of $1.1 billion, the companies said Monday – marking a notable jump from the roughly $550 million that ESPN reportedly pays each year for UFC coverage today. But UFC's new home on Paramount will simplify offerings for fans − with all content set to be available on Paramount+ (which currently costs between $7.99 and $12.99 a month), rather than various pay-per-view fees. Paramount also said it intends to explore UFC rights outside the U.S. 'as they become available in the future.' While now a done deal, the path toward approval for the Paramount and Skydance merger was far from smooth sailing. Months of scrutiny and turmoil surrounded the transaction – particularly amid President Donald Trump's legal battle with '60 Minutes,' the crown jewel of Paramount-owned broadcast network CBS. With the spectre of the Trump administration potentially blocking the hard-fought deal with Skydance, Paramount agreed to pay a $16 million settlement to the president in early July. The deal later received regulatory approval from the Trump administration. Trump has long been friends with UFC CEO Dana White and routinely attends UFC events. Last month Trump said that he's thinking of staging a UFC match on the White House grounds with upwards of 20,000 spectators to celebrate 250 years of American independence. Trump announced his plan in Iowa during the kickoff for a year's worth of festivities to celebrate America's 250th birthday on July 4, 2026. White said in a post on social media platform X that the deal with Paramount will make it more affordable and accessible for U.S. consumers to watch UFC events. 'This deal puts UFC amongst the biggest sports in the world,' he wrote. 'The exposure provided by the Paramount and CBS networks under this new structure is a huge win for our athletes and anyone who watches and loves this sport.' Aside from the UFC, TKO also houses the WWE and has been actively working out deals for the sports entertainment company. Last week Disney announced an agreement with WWE that will see its premium live events, like WrestleMania , streamed by ESPN. Disney subsidiary ESPN struck a rights agreement with TKO Group's WWE to become the exclusive U.S. domestic streamer of the sports entertainment company's premium live events starting next year. Aside from gaining access to WrestleMania, ESPN will also air marquee events such as the Royal Rumble, SummerSlam and Survivor Series. The wrestling events will be available on ESPN's new streaming service, which is set to launch next month, with select ESPN cable channels also airing them. Financial terms of the agreement were not disclosed, but The Wall Street Journal said that it's a five-year deal worth more than $1.6 billion. Shares of TKO jumped over 7% in midday trading on Monday.

Barrick Mining reports rise is Q2 profits despite US$1-billion writedown on Mali mine
Barrick Mining reports rise is Q2 profits despite US$1-billion writedown on Mali mine

Toronto Star

time29 minutes ago

  • Toronto Star

Barrick Mining reports rise is Q2 profits despite US$1-billion writedown on Mali mine

TORONTO - Barrick Mining Corp. took a US$1.04-billion charge in its second quarter related to its loss of control of a gold mine in Mali, but still reported a rise in profit thanks to higher gold prices and an asset sale. The Toronto-based mining company said Monday it earned US$811 million or 47 cents US per diluted share for the quarter ended June 30, up from US$370 million or 21 cents US per diluted share a year earlier.

Why Digital and Delivery Speed Could Be Walmart's Secret Weapon
Why Digital and Delivery Speed Could Be Walmart's Secret Weapon

Globe and Mail

timean hour ago

  • Globe and Mail

Why Digital and Delivery Speed Could Be Walmart's Secret Weapon

In the race to get products to customers' doorsteps, Walmart Inc. 's WMT strategy is clear — delivering faster and reaching more households than ever. The company is closing in on a milestone where 95% of the U.S. population will have access to delivery in three hours or less. This capability is scaling quickly, with the number of deliveries in less than three hours zooming 91% in the first quarter of fiscal 2026 for Walmart US. Walmart's store-fulfilled model allows orders to be picked, packed and shipped from locations near customers. This helps cut transportation costs and delivery times, while premium fees for expedited service enhance last-mile economics. The combination has helped Walmart achieve e-commerce profitability for the first time across both its U.S. and global operations. International markets are also contributing to this push. In China and India, delivery times are being measured in minutes, reinforcing Walmart's competitive position in densely populated, high-growth regions. Internationally, 45% of same or next-day deliveries now arrive in under three hours, underscoring the scalability of the approach. This speed advantage not only drives sales but also strengthens Walmart's broader omnichannel ecosystem, where physical stores and digital channels work in sync. The ability to rapidly fulfill orders is enhancing customer loyalty, boosting digital adoption, and fortifying Walmart's role as both a convenience leader and an everyday low-price retailer. Walmart's worldwide e-commerce sales grew 22% in the last reported quarter. How WMT's Digital Growth Stacks Up Against Costco and Target Costco Wholesale Corporation COST continues to show digital momentum, with e-commerce comparable sales rising 14.8% in the third quarter of fiscal 2025 and 15.1% in July. Costco is boosting its digital reach through efforts like Costco Logistics and a new Buy Now Pay Later option. Costco Logistics saw a 31% year-over-year increase in big and bulky e-commerce deliveries in the last reported quarter. Target Corporation TGT is making significant strides in digital sales and delivery speed, positioning itself as a strong competitor in the fast-delivery race. Target's digital sales rose 4.7% year over year in the first quarter of fiscal 2025, fueled by the rapid growth of Target Circle 360, which offers same-day delivery with no price markups. With more than 70% of digital orders fulfilled within a day, Target is enhancing convenience and customer loyalty through faster delivery. What the Latest Metrics Say About Walmart Walmart has been a standout performer, with shares rallying 51% in the past year, outpacing the industry 's growth of 50.2%. Image Source: Zacks Investment Research From a valuation standpoint, Walmart's forward 12-month price-to-earnings ratio stands at 37.64, higher than the industry's 34.56. WMT carries a Value Score of C. The Zacks Consensus Estimate for Walmart's current financial-year sales and earnings per share implies year-over-year growth of 3.5% and 3.6%, respectively. Walmart currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. See our %%CTA_TEXT%% report – free today! 7 Best Stocks for the Next 30 Days Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report This article originally published on Zacks Investment Research (

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store