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Coeur Mining, Inc. Message Board

  • pm_guru_1 pm_guru_1 Apr 1, 2013 9:22 AM Flag

    Time for CDE to declare dividend

    Ok, we aren't in diapers anymore, and the training wheels are off. PAAS is a peer with similar production and cash flow metrics and paying a 3% dividend. AG said last year they envision a dividend once Del Toro is at speed, which means NEXT! CDE cannot be left out in the cold. There are only a few major silver stocks investors can select from, CDE needs to pay an attractive dividend. The whole sector needs to work on this to increase favor.

    I mean C'MON here give the dog a bone! It doesn't have to be a whopper to start. Start a history of increasing dividends! I don't want to hear any excuses, like La Preciosa capex. Stage the development at a slightly reduced pace if necessary. If CDE paid a healthy dividend I can see it trading back to $25 and $30 a lot easier!

    BTW, I sent email to IR expressing these concerns but I haven't heard back.

    Sentiment: Buy

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CDE
7.28-0.44(-5.70%)May 27 4:00 PMEDT