10 Small-Cap Dividend Stocks Drive Year-to-Date Gains

8. Centerra Gold Inc. (NYSE:CGAU)

Dividend yield: 3.18%

Dividend payout ratio: 58.50%

Ex-Dividend Date: March 13, 2025

Number of Hedge Funds: 16

The Canadian mining company, Centerra Gold Inc. (NYSE:CGAU) has grown 11.15% year-to-date, bringing its market cap to $1.30 billion as of February 24, 2025.

During the first quarter of 2024, the company announced an agreement with Royal Gold. The agreement extended the life of the Mount Milligan mine to 2036, establishing favorable parameters for future extensions. The company managed this by accelerating the use of mined-out areas of the open pit for waste storage. The approach increased the storage capacity in the existing tailings facility, leading to an extended mine life for the current reserves estimate. Additionally, the infill drilling in the MBX zone indicates potential for resource expansion.

The dividend yield offered by Centerra Gold Inc. (NYSE:CGAU) stands at 3.18%. The company’s dividend payout ratio has been set at 58.50%, pointing to a balance between earnings used for paying dividends to the shareholders and earnings retained for reinvestments and debt repayment purposes. From the Insider Monkey database, 16 hedge fund portfolios own stakes in Centerra Gold Inc. (NYSE:CGAU) It suggests a strong institutional interest in the company’s stocks. The ex-dividend date announced by the company is March 13, 2025.