May 2 (Reuters) - North American Palladium Ltd PDL.TO :
* NORTH AMERICAN PALLADIUM DELIVERS STRONG Q1 2019 FINANCIAL RESULTS, ELIMINATES DEBT AND INCREASES DIVIDEND
* Q1 EARNINGS PER SHARE C$0.50
* Q1 REVENUE C$128.3 MILLION VERSUS C$86.6 MILLION
* SAYS UNDERGROUND PRODUCTION INCREASED TO 6,755 TONNES PER DAY IN Q1 2019 FROM 6,327 TONNES PER DAY FROM Q1 2018
* REITERATED ITS PREVIOUS 2019 PRODUCTION GUIDANCE OF 220,000 TO 235,000 OUNCES
* NORTH AMERICAN PALLADIUM -BOARD HAS INCREASED ITS QUARTERLY DIVIDEND TO $0.10 FROM $0.03 PER SHARE TO COMMON SHAREHOLDERS OF RECORD ON JUNE 1, 2019.
* PALLADIUM REVENUE PER OUNCE SOLD THIS QUARTER AVERAGED US$1,507/OZ, COMPARED TO US$1,001/OZ IN Q1 2018