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New Service Allows Companies to Pay Dividends in Gold

New Service Allows Companies to Pay Dividends in Gold

2012-03-12


Gold Bullion International today announced a new service in which shareholders of publicly-traded companies will have the opportunity to accept their dividends in physical precious metals. One prominent gold producer has already signed on.

The GBI Physical Dividend Program will be available to all companies who pay dividends to their shareholders, not just miners. GBI touts itself as “the leading institutional precious metals provider to individual investors, institutional asset managers, and the wealth management industry.”

Gold Resource Corporation (GORO) announced today that it will be the first company to participate in the program. The low-cost gold producer, which raised its payout by 33% last April and tacked on a 25% dividend hike four months later, will offer shareholder the ability to accept next month’s dividend in physical gold or silver instead of cash....





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