Silvercorp Keeps Dividend Steady
Silver miner Silvercorp Metals announced yesterday its third-quarter dividend of $0.025 Canadian per share. The dividends are considered eligible dividends for Canadian tax purposes.
The board of directors said the quarterly dividend is payable on Oct. 21 to the holders of record at the close of business on Sept. 30. The regular dividend payment equates to a $0.10 Canadian-per-share annual dividend, yielding 3.2% based on the closing price today of Silvercorp Metals' stock.
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