Yamana hikes dividend again with room for further increases

Canadian gold miner Yamana Gold on Monday announced an additional 25% dividend increase to $0.05 a share a year, effective for the first quarter of 2020, as it also outlined a new dividend policy to ensure the sustainability of shareholder payouts.

The latest increase follows the doubling of dividends declared in the third quarter of 2019, thereby representing a 125% increase in dividends since September.