Goldcorp Declares Monthly Dividend

Goldcorp (NYSE: GG  ) is continuing to bring up a shareholder payout from its mines. The company has declared its latest monthly dividend, which is to be $0.05 per share paid on Oct. 25 to shareholders of record as of Oct. 17. That amount is in line with each of the firm's preceding monthly payouts this calendar year. Prior to that, Goldcorp was marginally less generous, handing out $0.045 per share.

In the news release trumpeting the upcoming distribution, Goldcorp pointed out that it has paid a monthly disbursement since 2003.

The just-declared dividend annualizes to $0.60 per share. That yields 2.4% at Goldcorp's current stock price of $25.25.

link


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2671383, ~/Articles/ArticleHandler.aspx, 9/2/2014 7:43:47 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement