Goldcorp Declares First Monthly Dividend Payment for 2015
OREANDA-NEWS. GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its first monthly dividend payment for 2015 of USD 0.05 per share. Shareholders of record at the close of business on Thursday, January 15, 2015 will be entitled to receive payment of this dividend on Friday, January 23, 2015.
Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.
Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent years by Goldcorp Inc. are "eligible dividends" for this purpose.
Goldcorp is one of the world's fastest growing gold producers. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.
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