| Yamana Gold Inc. - YRI.t operates significant gold production, development, and exploration properties in Brazil, Argentina, Chile, Mexico and Colombia.|
The Company produced 1.2 million gold equivalent ounces in 2013.
"YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) declares a fourth quarter 2014 dividend of $0.015 per share. Shareholders of record at the close of business on December 31, 2014 will be entitled to receive payment of this dividend on January 15, 2015. The dividend is an "eligible dividend" for Canadian tax purposes.
The Company is committed to return value to shareholders and has done so through the issuance of dividends consistently since 2007. The level of this payout is a reflection of current and future anticipated cash flows in the context of current markets. The Company continues to be committed to paying dividends, and at current levels, the Company believes the dividend provides a yield that is in line with historic levels for the Company and the industry in general. The determination of the dividend is consistent with the Company's practice of continually evaluating the dividend level as it relates to current and future cash flow generation and the conservation and reinvestment of capital."
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