Breaking News: MAG Unveils Exciting New Dividend Policy and Inaugural Dividend for Shareholders!
Description:
All amounts herein are reported in United States dollars (“US$”) unless otherwise specified VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces that its Board of Directors (“Board”) has adopted a dividend policy for the Company under which the Company intends to pay quarterly fixed dividends of $0.02 per share. In addition, at average realised silver prices of above $20 per ounce, the Company intends to augment the fixed dividend with a cash flow linked dividend targeted at approximately 30% of cash flows from Juanicipio received by MAG every quarter and linked to net cash metrics as determined by the Board from time to time.
Exciting News for Shareholders!
MAG Silver Corp. has just announced an exciting new dividend policy that is sure to benefit its shareholders. The Board of Directors has adopted a plan to pay quarterly fixed dividends of $0.02 per share. This means that shareholders can expect a consistent dividend payout every quarter, providing them with a reliable source of income from their investment in MAG.
But that’s not all – the Company has also revealed that in addition to the fixed dividend, they plan to introduce a cash flow linked dividend when silver prices are above $20 per ounce. This dividend will be approximately 30% of cash flows from Juanicipio received by MAG every quarter. This innovative approach to dividends ensures that shareholders can benefit from the Company’s success and profitability.
Overall, this new dividend policy demonstrates MAG’s commitment to providing value to its shareholders and rewarding them for their investment in the Company. Shareholders can look forward to a steady income stream and the potential for additional dividends based on cash flow metrics.
How will this affect me?
As a shareholder of MAG Silver Corp., this new dividend policy is great news for you. You can expect to receive a fixed dividend of $0.02 per share every quarter, providing you with a reliable source of income from your investment. Furthermore, when silver prices are above $20 per ounce, you may also receive an additional cash flow linked dividend, further enhancing the returns on your investment.
How will this affect the world?
The introduction of this new dividend policy by MAG Silver Corp. could have a ripple effect on the world of investing. By offering fixed dividends and cash flow linked dividends, the Company is setting a new standard for shareholder value and transparency. This approach may inspire other companies to reconsider their dividend policies and find innovative ways to reward their shareholders.
Conclusion:
In conclusion, the unveiling of MAG Silver Corp.’s new dividend policy is a positive development for shareholders and the investing world as a whole. This innovative approach to dividends provides shareholders with a steady income stream and the potential for additional dividends based on cash flow metrics. As a shareholder, you can look forward to benefiting from this new policy and potentially inspiring change in the wider investment community.
