Silvercorp Sets Nov. 27 Record Date for US$0.0125 Dividend

Silvercorp Metals Inc. declared a US$0.0125-per-share semiannual dividend Nov. 4, setting Nov. 27 as the record date and scheduling payment by Dec. 11 for eligible shareholders.

Shareholders must be on the company’s books at the close of business Nov. 27 to qualify. Silvercorp shares trade on the TSX and NYSE American under the ticker SVM.

The dividend amount matches the US$0.0125 per share Silvercorp declared in May. The company classifies the distribution as eligible for Canadian tax purposes.

Future dividends remain subject to the board’s discretion. Its decisions may consider commodity prices, market conditions, financial results, operating cash flow and expected cash needs.