VANCOUVER, British Columbia, Nov. 3, 2016 /PRNewswire/ -- Tahoe Resources Inc. ("Tahoe" or the "Company") (TSX: THO; NYSE: TAHO) is pleased to declare its eleventh monthly dividend for 2016 of USD$0.02 per common share. Shareholders of record at the close of business on Wednesday, November 16, 2016 will be entitled to receive payment of this dividend on Wednesday, November 23, 2016.
This dividend qualifies as an "eligible dividend" for Canadian income tax purposes. Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive "eligible dividends" will be entitled to an enhanced gross-up and dividend tax credit on such dividends. Tahoe reminds shareholders that they may elect to purchase additional common shares of Tahoe by reinvesting their cash dividends through Tahoe's Dividend Reinvestment Plan (DRIP). The DRIP is immediately available for enrollment by eligible shareholders and became effective with the October 2016 dividend payment. Full details of the DRIP are provided in the plan document, "Tahoe Resources Inc. Dividend Reinvestment Plan." Copies of this document, as well as the enrollment form for the DRIP, are available on Tahoe's website at http://www.tahoeresources.com/investor-relations/dividends. Registered shareholders may also enroll in the DRIP online through Computershare's self-service web portal, Investor Centre, at www.investorcentre.com. About Tahoe Resources Inc. Tahoe's strategy is to responsibly operate precious metals mines, to pay significant shareholder dividends and to grow by developing long-term, low-cost assets in the Americas. Tahoe is a member of the S&P/TSX Composite and TSX Global Mining indices and the GDX and Russell 3000 on the NYSE. The Company is listed on the TSX as THO and on the NYSE as TAHO.