Seeking Alpha

Gold Resource Corporation declares $0.01 dividend

  • Gold Resource Corporation (GORO) declares $0.01/share monthly dividend, 66% decrease from prior dividend of $0.03.
  • Forward yield 2.47%
  • Payable Jan 23; for shareholders of record Jan 13; ex-div Jan 9.
Comments (3)
  • The Investment Doctor
    , contributor
    Comments (709) | Send Message
     
    No surprise, I already warned the dividend was unsustainable: http://seekingalpha.co...
    26 Dec 2013, 09:06 AM Reply Like
  • dejjj
    , contributor
    Comments (31) | Send Message
     
    As a shareholder i'm glad to see it happen. I want the LONG haul rather than a few hundred $'s as short term dividend checks.
    26 Dec 2013, 09:15 AM Reply Like
  • Philip Marlowe
    , contributor
    Comments (858) | Send Message
     
    Expect these dividend cuts to continue for most gold miners next year.
    26 Dec 2013, 12:25 PM Reply Like
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