Silvercorp Metals Declares Semi-Annual Dividend

Ticker: SVM · Form: 6-K · Filed: May 28, 2024 · CIK: 1340677

Silvercorp Metals Inc 6-K Filing Summary
FieldDetail
CompanySilvercorp Metals Inc (SVM)
Form Type6-K
Filed DateMay 28, 2024
Risk Levellow
Pages1
Reading Time1 min
Key Dollar Amounts$0.0125
Sentimentneutral

Sentiment: neutral

Topics: dividend, shareholder-return

TL;DR

Silvercorp paying out $0.0125/share dividend on July 5th, shareholders of record June 14th.

AI Summary

Silvercorp Metals Inc. announced on May 27, 2024, that it has declared a semi-annual dividend of US$0.0125 per share. This dividend will be paid to shareholders of record as of the close of business on June 14, 2024, and is expected to be paid on or about July 5, 2024. The company is a foreign private issuer filing under Form 6-K.

Why It Matters

This dividend declaration indicates the company's financial health and its commitment to returning value to shareholders. Investors will be watching for continued profitability to support future payouts.

Risk Assessment

Risk Level: low — The filing is a routine dividend announcement, which typically carries low risk.

Key Numbers

  • US$0.0125 — Semi-annual dividend per share (Amount being returned to shareholders)

Key Players & Entities

  • Silvercorp Metals Inc. (company) — Registrant
  • Derek Liu (person) — Chief Financial Officer
  • US$0.0125 (dollar_amount) — Semi-annual dividend per share
  • June 14, 2024 (date) — Record date for dividend
  • July 5, 2024 (date) — Expected payment date for dividend

FAQ

What is the record date for the dividend payment?

The record date for the dividend payment is the close of business on June 14, 2024.

When is the dividend expected to be paid?

The dividend is expected to be paid on or about July 5, 2024.

What is the amount of the semi-annual dividend per share?

The semi-annual dividend is US$0.0125 per share.

Who signed the report on behalf of Silvercorp Metals Inc.?

Derek Liu, Chief Financial Officer, signed the report on behalf of Silvercorp Metals Inc.

What form is this SEC filing?

This SEC filing is a Form 6-K.

Filing Stats: 160 words · 1 min read · ~1 pages · Grade level 10.7 · Accepted 2024-05-28 06:10:21

Key Financial Figures

  • $0.0125 — CORP DECLARES SEMI-ANNUAL DIVIDEND OF US$0.0125 PER SHARE

Filing Documents

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 May 27, 2024 Commission File No. 0001-34184 SILVERCORP METALS INC. (Translation of registrant’s name into English) Suite 1750 - 1066 West Hastings Street Vancouver, BC Canada V6E 3X1 (Address of principal executive office) [Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F] Form 20-F [ ] Form 40-F [ X ] SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: May 27, 2024 SILVERCORP METALS INC. /s/ Derek Liu Derek Liu Chief Financial Officer EXHIBIT INDEX EXHIBIT DESCRIPTION OF EXHIBIT 99.1 News Release - May 27, 2024 - SILVERCORP DECLARES SEMI-ANNUAL DIVIDEND OF US$0.0125 PER SHARE

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