McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. It primarily owns a 100% interest in the Gold Bar mine in Eureka County, Nevada; the Black Fox gold mine in Ontario, Canada; the El Gallo Project and Fenix silver-gold project in Sinaloa, Mexico; the Los Azules copper deposit in San Juan, Argentina; and a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. It also owns a 49% interest in the San José mine located in Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.
McEwen Mining Dividend Announcement
• McEwen Mining announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2019-03-15. Ex dividend date: 2019-03-07
• McEwen Mining's trailing twelve-month (TTM) dividend yield is -%
• McEwen Mining's payout ratio for the trailing twelve months (TTM) is 0.66%
McEwen Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-03-07 | $0.01 | semi annually | 2019-03-15 |
2018-08-24 | $0.01 | semi annually | 2018-09-04 |
2018-02-01 | $0.01 | semi annually | 2018-02-14 |
2017-08-10 | $0.01 | semi annually | 2017-08-17 |
2017-02-01 | $0.01 | semi annually | 2017-02-14 |
2016-08-22 | $0.01 | semi annually | 2016-08-29 |
2016-02-01 | $0.01 | semi annually | 2016-02-12 |
2015-07-29 | $0.01 | semi annually | 2015-08-17 |
McEwen Mining Dividend per year
McEwen Mining Dividend growth
McEwen Mining Dividend Yield
McEwen Mining current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing McEwen Mining stock? Use our calculator to estimate your expected dividend yield:
McEwen Mining Financial Ratios
McEwen Mining Dividend FAQ
Other factors to consider when evaluating McEwen Mining as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: McEwen Mining's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, McEwen Mining publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, McEwen Mining distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from McEwen Mining are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: McEwen Mining sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, McEwen Mining distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: McEwen Mining declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of McEwen Mining's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review McEwen Mining's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.