6-K

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

Date: December 16, 2003

GOLDCORP INC.
(Registrant's Name)

145 King Street West, Suite 2700
Toronto, Ontario MSH 1J8
CANADA
(Registrant's Address)

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

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes       No

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

SIGNATURES

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.

GOLDCORP INC.
By:	/s/	R. Gregory Laing
	Name:	R. Gregory Laing
	Title:	Vice President, Legal

Date: December 16, 2003

EX-1

PRESS RELEASE

GOLDCORP DECLARES FIRST REGULAR MONTHLY DIVIDEND PAYMENT FOR 2004
(All dollar amounts in United States dollars (US$))

Toronto, December 16, 2003 - GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to declare its first regular monthly dividend payment for 2004 of $0.015 per share. Shareholders of record at the close of business on Tuesday, January 6, 2004 will be entitled to receive payment of this dividend on Tuesday, January 13, 2004. Goldcorp intends to make twelve (12) monthly payments of $0.015 per share in 2004 for a total annual dividend payment of $0.18 per share.

In addition, Goldcorp recently announced (December 10, 2003) its intention to pay a Special Dividend of $0.10 per share to shareholders will also be paid on January 13, 2004. Consequently, Goldcorp's intention is to make dividend payments totaling $0.28 per share in 2004.

"Increasing our shareholders' total return on their investment is a key element in our growth strategy" said Rob McEwen, Chairman and CEO of Goldcorp. "Consequently we are very pleased to be able to increase our dividend payments as the gold price increases during gold's new bull market".

Goldcorp's Red Lake Mine is the richest gold mine in the world. The Company is in excellent financial condition: has NO DEBT, a Large Treasury and Strong Cash Flow and Earnings. GOLDCORP is completely UNHEDGED. Goldcorp's shares are listed on the New York and Toronto Stock Exchanges under the trading symbols of GG and G, respectively and its options trade on the American Stock Exchange (AMEX), the Chicago Board of Options Exchange (CBOE) and the Pacific Stock Exchange (PCX) in the United States and on the Montreal Exchange (MX) in Canada.

For further information, please contact:	Corporate Office:
Chris Bradbrook	145 King Street West
Vice President, Corporate Development	Suite 2700
Telephone: (416) 865-0326	Toronto, Ontario
Fax: (416) 361-5741	M5H 1J8
e-mail: info@goldcorp.com	website: www.goldcorp.com