Mr. Dale Nejmeldeen reports
DYNACOR DECLARES ITS Q4-2020 QUARTERLY DIVIDEND
Inc. has declared of a dividend payment of 1.5 cents per common share which will be payable on Jan. 5, 2021, to shareholders of record as of the close of business on Dec. 16, 2020. This dividend represents the 10th quarterly dividend payment made to shareholders.
The corporation's quarterly dividend qualifies as an eligible dividend for Canadian income tax purposes.
The payment and increase of dividends are at the discretion of the board and will depend on the corporation's financial results, cash requirements, prospects and other factors deemed relevant by the board.
Gold Mines Inc.
Dynacor is a dividend-paying gold production corporation headquartered in Montreal, Canada. The corporation is engaged in production through the processing of ore purchased from the ASM (artisanal and small-scale mining) industry. At present, Dynacor produces and explores in Peru, where its management team has decades of experience and expertise. In 2019, Dynacor produced 80,677 ounces of gold.
Dynacor produces environmental and socially responsible gold through its PX Impact gold program. A growing number of supportive firms from the fine luxury jewellery, watchmakers and investment sectors are paying a small premium to its customer and strategic partner for this PX Impact gold. The premium provides direct investment to develop health and education projects to the company's small-scale artisanal miner's communities.
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