Gold Resource Corp (GORO)

[groveswise]

Dividends go up 25%.

Here we go...dividends starting to go up! What we've been waiting for as more and more metal processed. That's a dividend price increase of 25%.

Gold Resource Corporation Declares and Increases Tenth Special Cash Dividend

Gold Resource Corp. Common Stock (AMEX:GORO)
Intraday Stock Chart
Today : Thursday 28 April 2011
Gold Resource Corporation (GORO) (NYSE Amex: GORO) is pleased to announce it has declared its April Special Cash Dividend and increased it to $0.04 per common share to its shareholders of record May 13, payable May 20, 2011. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

Gold Resource Corporation commenced Commercial Production July 1, 2010 from its El Aguila Project's operations in the southern state of Oaxaca, Mexico. Using cash flow generated from operations, the Board of Directors declared its tenth dividend in as many months of commercial production. This tenth Special Cash Dividend is the fourth dividend per common share declared in 2011 and increases the total dividends declared since Commercial Production to $0.31 per share.

Gold Resource Corporation's President, Mr. Jason Reid, stated, "We remain focused on cash flow, dividends and returning as much money back to the owners of the Company, its shareholders. We are pleased with the progress of processing our Arista underground ore."

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