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Silver Wheaton Corp. (SLW) declares $0.07/share quarterly dividend, -30.0% decrease from prior...

Silver Wheaton Corp. (SLW) declares $0.07/share quarterly dividend, -30.0% decrease from prior dividend of $0.1. For shareholders of record Nov. 21. Payable Dec. 5. Ex-div Nov. 19. (PR)
Comments (5)
  • Venerability
    , contributor
    Comments (3043) | Send Message
    I have never owned SLW, but there's something very strange with all this. Does it have something to do with ending relationship with Barrick? And does Barrick owe them a great deal of Silver? Conference call is at 11, and maybe we all should listen.
    5 Nov 2012, 08:58 AM Reply Like
  • bakermre
    , contributor
    Comments (198) | Send Message
    Barrick is in deep, deep trouble again. Time for another new CEO?
    Happy Birthday, Peter Munk, when shall you drop the other shoe? On Thursday, Nov. 8?
    5 Nov 2012, 10:36 AM Reply Like
  • jrbuck2
    , contributor
    Comments (7) | Send Message
    This company is supposedly receiving silver at way below market prices from producers of other minerals who end up with silver or silver ore as a by product. A year or so ago, the cost of their incoming silver was something way under $15 on average. If there is not another announcement about this soon, I will be looking around at management to find out where the money is going. If they are not major stakeholders in the shares, It would be then suspect that shareholders are being marginalized.
    5 Nov 2012, 12:19 PM Reply Like
  • BigOlDave
    , contributor
    Comments (418) | Send Message
    SLW makes an EBITD margin of 84% on their revenues. They have a tax rate of 2.52% !! They have virtually no debt. They have $555 million in cash on hand.


    Obviously, this company is in such lousy financial shape it can only pay out 20% of the latest quarter's cash generated.


    The rich get richer.


    5 Nov 2012, 10:15 PM Reply Like
  • caroley
    , contributor
    Comment (1) | Send Message
    Something doesn't smell right. As Robbie the robot used to say "this does not compute".
    6 Nov 2012, 01:06 AM Reply Like
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