Nevsun’s continued strong cash flow translated into strong dividend yields. Nevsun already outclassed and outperformed others to become a company with the highest operating margin in the Gold industry.
NEVSUN Resources Ltd. is pleased to advise that its Board of Directors has declared a quarterly cash dividend of US$0.035 per common share (US$0.14 per common share annually). The dividend is payable on October 15, 2014, to shareholders of record as of the close of business on September 30, 2014.
This dividend qualifies as an ‘eligible dividend‘ for Canadian income tax purposes.
ABOUT NEVSUN RESOURCES LTD.
Nevsun Resources Ltd. is a Vancouver-based mining company with an operating mine in Eritrea. Nevsun’s 60%-owned Bisha Mine commenced commercial copper concentrate production in December 2013 and ranks as one of the highest grade open pit copper mines in the world.
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ALSO READ: Can We Bank on Nevsun’s 4% Dividend Yield?
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Nevsun has a strong balance sheet and future cash flows to grow shareholder value through exploration at Bisha and acquisition of additional mining assets.