Tahoe Resources Declares Seventh Monthly Dividend For 2017

by pmnationtalk on July 6, 2017195 Views

VANCOUVER, British Columbia – July 6, 2017 – Tahoe Resources Inc. (“Tahoe” or the “Company”) (TSX: THO; NYSE: TAHO) is pleased to declare its seventh monthly dividend for 2017 of USD$0.02 per common share. Shareholders of record at the close of business on Thursday, July 20, 2017 will be entitled to receive payment of this dividend on Thursday, July 27, 2017.

This dividend qualifies as an “eligible dividend” for Canadian income tax purposes. Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive “eligible dividends” will be entitled to an enhanced gross-up and dividend tax credit on such dividends.

Eligible shareholders may enroll in Tahoe’s Dividend Reinvestment Plan (“DRIP”). Full details of the DRIP are provided in the plan document, “Tahoe Resources Inc. Dividend Reinvestment Plan.” Copies of this document, as well as the enrollment form for the DRIP, are available on Tahoe’s website at http://www.tahoeresources.com/investor-relations/dividends. Registered shareholders may also enroll in the DRIP online through Computershare’s self-service web portal, Investor Centre, at www.investorcentre.com.

The declaration and payment of the Company’s dividend is determined by the Company’s board of directors on a monthly basis, with regard to the earnings and financial requirements of the Company and other applicable conditions existing at such time. In light of yesterday’s provisional decision from the Supreme Court of Guatemala to temporarily suspend the license to operate the Escobal mine, in considering the continuation and amount of the Company’s dividend in future periods, if not reversed or rescinded, the Company’s board will consider the continuing effects of such suspension.

About Tahoe Resources Inc.

Tahoe’s strategy is to responsibly operate precious metals mines, to pay significant shareholder dividends and to grow by developing long-term, low-cost assets in the Americas. Tahoe is a member of the S&P/TSX Composite and TSX Global Mining indices and the GDX and Russell 3000 on the NYSE. The Company is listed on the TSX as THO and on the NYSE as TAHO.

For further information, please contact:

Tahoe Resources Inc.
investors@tahoeresources.com
Tel: 775-448-5800

NT3

Send To Friend Email Print Story

Comments are closed.

NationTalk Partners & Sponsors Learn More