AngloGold Ashanti
AngloGold Ashanti (AGG) is a well known global gold producer having its exploration programs in all key gold-producing regions of the world. In 2007, its gold production was 5.5 million ounces, estimated as the 7% of world production hence making it the third largest producer across the globe. The Company listed on ASX on 16 November, 1999. AGG’s head office is located in Johannesburg, South Africa.
Read up on the dividend history for ANGLOGOLD ASHANTI LIMITED. Dividends are a payment declared by a company's board of directors and given to its shareholders from the company's current or retained earnings. Dividends are usually released as cash (cash dividend). Dividends provide an incentive to own shares in the company. Companies are not required to pay dividends. You are eligible to receive AGG dividends if you own the ANGLOGOLD ASHANTI LIMITED shares on the ex-dividend date.
Australian Gold production is set to reach $10 billion in 2010 as output is increased at a time of historically high gold prices. In 2009, Australia produced 227 tonnes (or 7.3 million ounces) of Gold (increase of 3 percent on 2008). At current gold prices of $1250 for an ounce of Gold, the Australian gold output of 2009 would have fetched $9 billion. With the high gold prices, this precious metal is set to be Australia's third biggest export earner after iron ore and coking coal.
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