Pan American Silver Corp. expects its third-quarter dividend to deliver about $76 million to shareholders, as the miner continues its capital-return program through cash distributions and share repurchases.
The payout is $0.185 per share, $0.001 above the second-quarter rate of $0.184. Investors listed in the company’s records at market close Nov. 16 qualify; payment is planned for on or about Nov. 27, according to the company’s dividend schedule. The company declared the dividend Nov. 4.
Shareholder returns totaled $701 million through Sept. 30, including $300 million in third-quarter dividends and share repurchases, the company said in its third-quarter results release.
