Danakali Limited (ASX: $DNK) announces cash distribution

Danakali Limited (ASX: $DNK) has announced a cash distribution of AUD 0.00924000 per share. The distribution forms part of an overall cash distribution of A$0.02 per share, with the remaining A$0.01076 per share proposed to be distributed by a return of capital, subject to shareholder approval at the upcoming AGM. The ex-date for the distribution is 28/6/2024, the record date is 1/7/2024, and the payment date is 8/7/2024.

Executive Commentary on Cash Distribution

The company is pleased to announce the cash distribution of AUD 0.00924000 per share to our shareholders. We believe that this distribution reflects our commitment to delivering value to our shareholders. The proposed return of capital, subject to shareholder approval, demonstrates our dedication to optimizing our capital structure and enhancing shareholder returns. We look forward to providing further details in the AGM Notice of Meeting.

Summary of Cash Distribution Announcement

Danakali Limited (ASX: $DNK) has announced a cash distribution of AUD 0.00924000 per share, forming part of an overall cash distribution of A$0.02 per share. The remaining A$0.01076 per share is proposed to be distributed by a return of capital, subject to shareholder approval at the upcoming AGM. The ex-date for the distribution is 28/6/2024, the record date is 1/7/2024, and the payment date is 8/7/2024. The company aims to optimize its capital structure and enhance shareholder returns through the proposed return of capital. Shareholders can look forward to further details in the AGM Notice of Meeting.