SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (21928)8/31/2016 7:56:10 AM
From: Goose94Read Replies (1) | Respond to of 205721
 
Resolute Mining to pay dividends in gold bullion

Shareholders in Resolute Mining will have the option of collecting dividend payments in gold bullion, under a new policy believed to be the first of its kind in the world.

The gold miner announced today that it would resume dividend payments, declaring a 1.7-cent per share final dividend for the 2016 financial year under a new gold sales-linked dividend policy.

Resolute, which has not paid consistent dividends since the late 1990s, joined a group of local gold miners reinstating or raising dividends amid the best conditions the sector has enjoyed in recent years.

But with a twist.

Shareholders who hold 5,000 or more shares in the company can elect to receive dividends in gold bullion paid into a personal account held with The Perth Mint.

It is a first for The Perth Mint and Resolute Managing Director John Welborn said he believes it is the first time a gold company has ever offered the option. ...

Tess Ingram