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Sunday, December 10, 2017 3:09:54 AM
The company will likely provide additional details on the new dividend and the payout policy in February. On an annualized basis, the company has been paying a dividend of $0.30 per share which translates into a yield of just 0.84%.
But a 50% increase could push the yield to a more respectable 1.25%. By comparison, most of the major gold miners pay a dividend of roughly 1% or lower.
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