Goldcorp Declares Monthly Dividend

In declaring its monthly dividend, Goldcorp has announced that it will pay $0.05 per share on Feb. 22 to stockholders of record as of Feb. 14. The payout is the company's second of the year and matches the amount of January's disbursement.

In 2012, each of the company's monthly dividend payments amounted to $0.045 per share. Before that, it paid $0.034.

The current distribution annualizes to $0.60 per share. That represents a yield of 1.7% on Goldcorp's current stock price of $35.91.

The company pointed out that it has paid a monthly dividend since 2003.

The article Goldcorp Declares Monthly Dividend originally appeared on Fool.com.

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