VANCOUVER, Dec. 3, 2018 /CNW/ - GOLDCORP INC. (TSX: G,
NYSE: GG) is pleased to announce that its Board of Directors
declared a fourth quarterly dividend for 2018 of $0.02 per share. Shareholders of record as
of the close of business on Thursday,
December 13, 2018 will be entitled to receive payment on
Friday, December 21, 2018.
Dividend Reinvestment Plan
Goldcorp has a Dividend Reinvestment Plan ("DRIP") in place.
For the purposes of the quarterly dividend, the Company has
elected to issue common shares under the DRIP through treasury at a
3% discount to the Average Market Price. Dividends are only
payable as and when declared by Goldcorp's Board of Directors and
there is no entitlement to any dividend prior thereto.
Goldcorp may, from time to time, at its discretion, change or
eliminate the discount applicable to treasury acquisitions or
direct that such common shares be purchased in market acquisitions
at the prevailing market price, any of which would be publicly
announced. Participation in the DRIP is optional and will not
affect shareholders' cash dividends unless they elect to
participate in the DRIP. Participation in the DRIP is open to
all registered and beneficial shareholders in Canada and the United States.
Shareholders that are resident in jurisdictions other than
Canada and the United States may also participate in the
DRIP, subject to any restrictions of laws in such shareholder's
jurisdiction of residence.
The DRIP and enrollment forms are available on the Company's
website, www.goldcorp.com, in the "Investor – Information for
Shareholders" section under "Information about Dividends".
Registered shareholders may also enroll in the DRIP online
through the plan agent's self-service web portal at the following
link: DRIP Online Enrollment
All shareholders considering enrollment in the DRIP should
carefully review the terms of the DRIP and consult with their
advisors as to the implications of enrollment in the DRIP.
This press release is not an offer to sell or a solicitation of
an offer of securities. Goldcorp has filed with the U.S.
Securities and Exchange Commission a registration statement on Form
F‑3 dated October 9, 2015 and a
related prospectus dated May 5, 2016
with respect to the DRIP. A copy of these filings may be
obtained under the Company's profile on the U.S. Securities and
Exchange Commission's website at http://www.sec.gov.
About Goldcorp
Goldcorp is a senior gold producer focused on responsible mining
practices with safe, low-cost production from a high-quality
portfolio of mines.
Cautionary Note Regarding Forward Looking
Statements
This press release contains "forward-looking statements" within
the meaning of Section 27A of the United States Securities Act of
1933, as amended, Section 21E of the Unites States Securities
Exchange Act of 1934, as amended, or the United States Private
Securities Litigation Reform Act of 1995, and "forward-looking
information" under the provisions of applicable Canadian securities
legislation. Such statements include, but are not limited to,
payment of the dividend, future dividends. Words such as "if",
"will be", and "may", or variations of these terms or similar
terminology or statements that certain actions, events or results
"could" occur or be achieved are intended to identify such
forward-looking information. The declaration and payment of
future dividends remain at the discretion of the Board of Directors
and will be determined based on Goldcorp's financial results,
balance sheet strength, cash and liquidity requirements, future
prospects and other factors deemed relevant by the Board of
Directors. The Board of Directors reserves all powers related to
the declaration and payment of dividends. Consequently, in
determining the dividend to be declared and paid on the common
shares of the Company, the Board of Directors may revise or
terminate such policy at any time without prior notice. As a
result, investors should not place undue reliance on such
policy.
For further information please contact:
INVESTOR CONTACT:
Shawn Campbell, Director, Investor
Relations, Telephone: (800) 567-6223, E-mail: info@goldcorp.com
MEDIA CONTACT:
Christine Marks, Director, Corporate
Communications, Telephone: (604) 696-3050, E-mail:
media@goldcorp.com
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SOURCE Goldcorp Inc.