Pan American Silver Announces Cash Dividend and Moves to Quarterly Distributions

Pan American Silver Corp. (TSX:PAA,NASDAQ:PAAS) approves an increase to the frequency of the Company’s dividend distributions from a semi-annual to a quarterly basis.

The press release is quoted as saying:

In conjunction with the move to quarterly distributions, the Company declared its third dividend in 2010 and first quarterly dividend, in the amount of $0.025 per share, which will be paid out on or about Wednesday, December 1, 2010 to holders of record of Pan American’s common shares as of the close of business on Friday, November 19, 2010. Specific distribution dates and the amounts of future quarterly dividends will be determined by the Board on an ongoing basis.

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