Pan American Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Silver producer Pan American Silverannounced today its third-quarter dividend of $0.125 per share, the same rate it's paid for the past two quarters after raising the payout 150% from $0.05 per share.

The board of directors said the quarterly dividend is payable on Sept. 9 to the holders of record at the close of business on Aug. 26. The regular dividend payment equates to a $0.50-per-share annual dividend, yielding 3.6% based on the closing price today of Pan American Silver's stock.

PAAS Dividend Chart
PAAS Dividend Chart


PAAS Dividend data by YCharts

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

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