Nevsun Resources (NSU) Declares $0.01 Quarterly Dividend; 1.8% Yield
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Nevsun Resources (NYSE: NSU) declared a quarterly dividend of $0.01 per share, or $0.04 annualized.
The dividend will be payable on January 17, 2018, to stockholders of record on December 29, 2017, with an ex-dividend date of December 28, 2017.
The annual yield on the dividend is 1.8 percent.
Peter Kukielski, Nevsun's CEO, commented, "Payment of a dividend has been an important part of Nevsun's capital allocation philosophy. The Board of Directors has initiated a critical review of the discretionary dividend policy to align with the Company's ongoing capital needs at Timok."
For a dividend history and other dividend-related data on Nevsun Resources (NSU) click here.
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