Gold producer Gold Resource Corp (AMEX: GORO) reported Thursday it will be distributing its thirteenth special cash dividend to shareholders, benefiting from the start of commercial production at its El Aguila project last July.
The cash dividend, which has been increased to $0.04 per share, will be paid to shareholders of record as of Aug 11, payable on Aug. 23, 2011. The dividend, the thirteenth in as many months since commercial production, is a direct result of cash flow generated from the company’s El Aguila operations, located in the southern state of Oaxaca, Mexico.
The total dividends declared since production now stands at 43 cents per share.
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