Quarterly Average Realized Silver Price per Ounce

Quarterly Silver-Linked Dividend per Share

Annualized Silver-Linked Dividend per Share

Annualized Minimum Dividend

Annualized Dividends per Share: Silver-Linked and Minimum

$25

$0.0075

$0.03

$0.015

$0.045

$30

$0.0125

$0.05

$0.015

$0.065

$35

$0.0225

$0.09

$0.015

$0.105

$40

$0.0325

$0.13

$0.015

$0.145

$45

$0.0425

$0.17

$0.015

$0.185

$50

$0.0525

$0.21

$0.015

$0.225