Nevsun Declares Semi-Annual Dividend of US$0.07 Per Share

Development News
This 5th semi-annual cash dividend has shown an increase by 40% from the prior payout of 5 cents a share
This 6th semi-annual cash dividend payment has shown an increase of 40% to 7 cents from the prior payout of 5 cents a share

By Nevsun,

Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) is pleased to advise that its Board of Directors has declared a semi-annual cash dividend of US$0.07 per common share (US$0.14 per common share annually). The dividend is payable on January 15, 2014, to shareholders of record as of the close of business on December 31, 2013.

This is the sixth dividend payment under the Company’s progressive dividend policy.

Nevsun has a strong balance sheet and this dividend policy confirms our continuing focus on generating cash flow from operations and providing a healthy return to shareholders,” said Cliff Davis, CEO.

This dividend qualifies as an ‘eligible dividend‘ for Canadian income tax purposes.
– – – – – – – – – – – – – – – – –