(All dollar amounts are expressed in
dollars unless otherwise specified)
Nov. 2, 2011
YAMANA GOLD INC.
(TSX:YRI; NYSE:AUY; LSE:YAU) today announced that the Board of Directors approved an increase in the Company's annual dividend to
per share or
per share per quarter. This represents a 67 percent increase over the last 12 months and the second time the dividend has been increased this year. Shareholders of record at the close of business on
December 30, 2011
will be entitled to receive payment of this dividend on
January 13, 2012.
The dividend is an "eligible dividend" for Canadian tax purposes.
Yamana is committed to delivering value to shareholders, across all measures including cash value by means of dividends.
Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in
. Yamana plans to continue to build on this base through existing operating mine expansions, throughput increases, development of new mines, the advancement of its exploration properties and by targeting other gold consolidation opportunities with a primary focus in the Americas.
SOURCE Yamana Gold Inc.