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Stock Market & Financial Investment News

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July 31, 2014
08:34 EDTKGJIKingold Jewelry changes payout schedule for special 8c cash dividend
Kingold Jewelry announced an adjustment to the payout date of its previously announced special cash dividend of 8c per share of common stock. The dividend will now be payable no later than August 28 to stockholders of record as of June 30. The change is due to the company requiring additional time to receive provincial government approvals in order to disperse the appropriate funds to stockholders. The total amount of cash distributed in the dividend is expected to be approximately $5.3M.
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