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Centamin raised its interim dividend despite reporting a fall in profits as sales of gold slipped in the first half of the year.
The company declared an interim dividend of US$46.2m, 4.0 US cents per share.
'The Board's decision to increase the interim dividend was based on the Company's strong financial position, assessment of near and medium-term capital allocation and confidence in future cash flow generation,' the company said.
For the six months to 30 June, pre-tax profit fell 26% to £59.6m and revenue dropped 3% to £288.14m.
The fall in profits comes as sales fell 2% in the half even as output rose 8%.
The company maintained its annual guidance for 2019, forecasting gold production of 490,000-520,000 ounces, at cash cost of US$675-725 per ounce produced and all-in-sustaining cost of US$890-950 per ounce sold.
At 9:12am: (LON:CEY) Centamin PLC share price was +7.63p at 129.58p