Recently, Goldcorp Inc. (NYSE:GG) declares its eleventh monthly cash dividend of $0.05 per share. And the dividend is scheduled to be paid on November 22, 2013. The ex-dividend date of the dividend is on November 12, 2013, which means shareholders who have purchased the stock of the Goldcorp Inc. (NYSE:GG) are eligible for the payment of this cash dividend.
This is the 11th quarter that the company has paid the same dividend. And at the current stock price of $23.96, the dividend yield is 2.50%.
About the company:
Goldcorp Inc. (NYSE:GG) is a producer of gold and it is engaged in the exploration, operation, acquisition and development of precious metal properties in the United States, Canada, Central and South America and also in Mexico. At December 31, 2012, the producing mining properties of the company were consisted of the Porcupine, Mussel white and Red Lake gold mines in Canada; Los Filos and El Sauzal gold mines, the Penasquito gold/silver/lead/zinc mine in Mexico, the Alumbrera gold/copper mine with 37.5% interest in Argentina, the Marlin gold/silver mine in Guatemala, Wharf gold mines and the Marigold with 66.7% interest in the United States. During September 2013, Quaterra Resources Inc sold 3 properties in central Mexico to Goldcorp Inc. (NYSE:GG).
While trading on November 12, 2013, Goldcorp Inc. (NYSE:GG) dropped by 2.24%. The shares opened at a price of $24.21, and finished at the end of the day at $23.96 and the stock plunged -2.24%. The stock is a volume gainer of 7.17 million shares, while the average volume of the stock remained 7.26 million shares.The market cap of the stock remained 19.46 billion. After looking at the history of trading of the past 52 weeks, the share price of the company’s stock undergo a low of $22.22 and was moved to the maximum level of $44.47.