Mcewen Mining (MUX) Initiates 0.5c/Share Semi-Annual Dividend; Yields 1%

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Go back to Mcewen Mining (MUX) Initiates 0.5c/Share Semi-Annual Dividend; Yields 1%

McEwen Mining Initiates Dividend Distribution

June 18, 2015 7:01 AM EDT

TORONTO, ONTARIO -- (Marketwired) -- 06/18/15 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is extremely pleased to announce that as part of the Company's long-term strategy to maximize shareholder value, it will pay an annual dividend of $0.01 per share(i) which represents a yield of approximately 1% based on the current share price. The dividend will be paid on a semi-annual basis.

Our inaugural dividend installment of $0.005 per share(i) will be paid on August 17, 2015 to shareholders of record on July 31, 2015. The second semi-annual dividend installment will occur in February... More