Goldcorp Maintains Monthly Dividend at $0.05

By Eric Volkman – Jun 11, 2013 at 10:20AM

NYSE: GG

Goldcorp

It's paid that amount each month in 2013.

Goldcorp (GG) has decided to keep its monthly dividend steady at $0.05 per share, the company announced Monday.

This latest payout will be distributed on June 28 to shareholders of record as of June 20. So far this year, the firm has paid that amount every month. Previous to that, Goldcorp handed out $0.045 per share. The company has paid a monthly disbursement since 2003.

The just-declared dividend annualizes to $0.60 per share. That yields 2.1% at Goldcorp's most recent closing stock price of $28.64.

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Fool contributor Eric Volkman has no position in Goldcorp. Nor does The Motley Fool. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.