- Silvercorp Metals (SVM, Financial) announces a semi-annual dividend of US$0.0125 per share.
- Record date set for June 6, 2025, with payment scheduled by June 26, 2025.
- Dividends are eligible for Canadian tax purposes.
Silvercorp Metals Inc. (SVM), a Vancouver-based mining company, has declared a semi-annual dividend of US$0.0125 per share. Shareholders recorded by the end of June 6, 2025, are eligible to receive the dividend, which will be disbursed on or before June 26, 2025.
The declared dividends qualify as eligible dividends under Canadian tax rules, offering potential tax advantages to Canadian investors.
Future dividend declarations by Silvercorp (SVM, Financial) will be contingent upon various factors, including market conditions, commodity prices, and the company's financial performance and cash flows. The Board of Directors will exercise discretion in determining future dividends, emphasizing the importance of maintaining fiscal responsibility and adaptability to market dynamics.