Silver miner Pan American Silver (NASDAQ:PAAS) announced yesterday its second-quarter dividend of $0.125 per share, the same rate it paid last quarter after it increased it 150% from $0.05 per share.

The board of directors said the quarterly dividend is payable on June 5 to the holders of record at the close of business on May 24. Pan American has paid a dividend quarterly since 2010.

The regular dividend payment equates to a $0.50-per-share annual dividend yielding 3.9% based on the closing price of Pan American's stock on May 13.

PAAS Dividend Chart

PAAS Dividend data by YCharts.


Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. 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.