VANCOUVER, British Columbia, Dec. 1, 2016 /PRNewswire/ -- Tahoe Resources Inc. ("Tahoe" or the "Company") (TSX: THO; NYSE: TAHO) is pleased to declare its twelfth dividend for 2016 of USD$0.02 per common share. Shareholders of record at the close of business on Thursday, December 15, 2016 will be entitled to receive payment of this dividend on Thursday, December 22, 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. Eligible shareholders may enroll in Tahoe's Dividend Reinvestment Plan ("DRIP"), which became effective with the Company's 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. Forward-Looking Statements This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively referred to as "forward-looking statements"). In particular, this news release describes potential future events related to a dividend payment as well as shareholder participation in a DRIP.