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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

Bullboard Posts
Comment by E17on Feb 10, 2017 12:10pm
245 Views
Post# 25828972

RE:RE:Just to Clarify...

RE:RE:Just to Clarify...

From the Company website:
Dividends

Amerigo views common share dividends as an important part of a shareholder's return on investment. Amerigo's dividend policy, under normal circumstances and after taking into account the company's cash flow and short and long term needs and objectives, is to pay dividends averaging at least one-third of reported net earnings over a period of years. The declaration of each dividend, however, is in the discretion of the company’s Board of Directors, which reserves the right to adjust or terminate the declaration and payment of dividends from time to time according to the prevailing business environment and corporate cash requirements.

History of dividend payments is available on the company website.

Bullboard Posts