Categories: Coin Shop Blog

Tahoe Declares Monthly Dividend of US$0.02 per Common Share

Tahoe Resources Inc. (TSX:THO,NYSE:TAHO) declared a monthly dividend of US$0.02 per common share, its third of 2016.

As quoted in the press release:

Shareholders of record at the close of business on Thursday, March 24, 2016 will be entitled to receive payment of this dividend on Thursday, March 31, 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.

Click here to read the full Tahoe Resources Inc. (TSX:THO,NYSE:TAHO) press release.

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The post Tahoe Declares Monthly Dividend of US$0.02 per Common Share appeared first on Investing News Network.

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