A dividend is the payment that a company distributes to its shareholders as a percent of earnings. Management can decide whether to pay a dividend, how much it is, and the frequency of payments. Dividends are often distributed quarterly and are quoted as the amount of dividend per share. Companies that are growing fast tend not to issue a dividend, as they pour money back into the business.
Goldcorp Inc. (NYSE/GG), the world’s largest producer of gold, has sold its 26% stake in Tahoe Resources Inc. (NYSE/TAHO). The Vancouver-based mining company offered 58.1 million shares at CDN$17.20 apiece, bringing the total sale to CDN$998.5 million. (Source: The Wall Street Journal, June 16, 2015.)GMP Securities and BMO Capital. Read More
There’s a tremendous amount of noise surrounding the stock market. And so it’s important to cut through it to focus on what really matters as an equity investor: what corporations are actually saying about their businesses.Even though the stock market is a secondary pricing mechanism anchored by monetary policy, it is a system. Read More