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SILVER WHEATON CORP. T.SLW

"Silver Wheaton is a pure, unhedged paper proxy on silver prices with a unique business model. The company purchases silver for sale through long-term purchase contracts from counterparties. Currently, the company has long-term silver purchase contracts with more than a dozen mines. Silver Wheaton purchased and sold roughly 28 million silver-equivalent ounces in 2012 through its purchase sales contracts."


TSX:SLW - Post by User

Bullboard Posts
Post by MrC_on Aug 14, 2013 6:50pm
372 Views
Post# 21670997

Silver Wheaton declares third quarterly dividend payment for 2013

Silver Wheaton declares third quarterly dividend payment for 2013Seeking Alpha

Or cut and paste:

https://seekingalpha.com/news-article/7348302-silver-wheaton-declares-third-quarterly-dividend-payment-for-2013

SLW is pleased to announce that its Board of Directors has declared its third quarterly cash dividend payment for 2013 of US$0.10 per common share. The quarterly dividend will be paid to holders of record of its common shares as of the close of business on August 30, 2013, and will be distributed on or about September 12, 2013. Under the Company's dividend policy which was amended on May 10, 2013, the quarterly dividend per common share will be equal to 20% of the average cash generated by operating activities in the previous four quarters divided by the Company's outstanding common shares at the time the dividend is approved, all rounded to the nearest cent.




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