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Gold miner Yamana lifts dividend by 25%

30th April 2020

By: Creamer Media Reporter

     

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Canadian gold miner Yamana on Wednesday announced a 25% increase in its annual dividend to $0.0625 a share, effective from the second quarter of 2020.

This is the third dividend increase that the gold miner announced in the past year, for a cumulative total increase of 213%.

These increases, Yamana explained, were part of a gradual and progressive approach to dividend increases, as the company’s cash balances continued to grow.

The miner would announced its first-quarter earnings results on Thursday, before the market open.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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