Goldcorp Declares Monthly Dividend

Goldcorp is continuing to bring up a shareholder payout from its mines. The company has declared its latest monthly dividend, which is to be $0.05 per share paid on Oct. 25 to shareholders of record as of Oct. 17. That amount is in line with each of the firm's preceding monthly payouts this calendar year. Prior to that, Goldcorp was marginally less generous, handing out $0.045 per share.

In the news release trumpeting the upcoming distribution, Goldcorp pointed out that it has paid a monthly disbursement since 2003.

The just-declared dividend annualizes to $0.60 per share. That yields 2.4% at Goldcorp's current stock price of $25.25.


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

Fool contributor Eric Volkman has no position in Goldcorp. Nor does The Motley Fool. 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.

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