Pan American Silver Holds Dividend Steady

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Silver miner Pan American Silver  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.

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The article Pan American Silver Holds Dividend Steady originally appeared on Fool.com.

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