Signed Letter of Intent with an arm’s length Taiwanese venture capital group
Commitment will provide Uragold with the resources necessary to capitalize on the worldwide exclusive technology to convert highly coveted High Purity Quartz Projects into the highest purity, lowest cost supplier of Solar Grade Silicon Metal and Polysilicon to the solar industry
In trading on Wednesday, shares of HudBay Minerals Inc (Toronto: HBM) were yielding above the 2% mark based on its semi-annual dividend (annualized to $0.20), with the stock changing hands as low as $9.88 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of HudBay Minerals Inc, looking at the history chart for HBM below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2% annual yield.