Pan American Silver Corp. (PAA) Plans Quarterly Dividend of C$0.01
Pan American Silver Corp. (TSE:PAA) (NASDAQ:PAAS) declared a quarterly dividend on Tuesday, November 22nd. Shareholders of record on Tuesday, December 6th will be given a dividend of 0.0125 per share on Tuesday, December 6th. This represents a $0.05 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend is Tuesday, November 22nd.
Pan American Silver Corp. (TSE:PAA) opened at 22.50 on Thursday. Pan American Silver Corp. has a 52-week low of $7.85 and a 52-week high of $27.56. The stock’s market cap is $3.42 billion. The firm’s 50-day moving average price is $21.61 and its 200 day moving average price is $22.11.
Several brokerages have recently issued reports on PAA. TD Securities boosted their price objective on Pan American Silver Corp. from C$18.50 to C$19.00 and gave the stock a “hold” rating in a research report on Wednesday. Deutsche Bank AG upgraded Pan American Silver Corp. from a “hold” rating to a “buy” rating in a research report on Monday, October 3rd. Finally, CSFB boosted their price objective on Pan American Silver Corp. from C$21.00 to C$25.00 in a research report on Monday, August 15th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Pan American Silver Corp. presently has an average rating of “Hold” and an average price target of C$18.10.
About Pan American Silver Corp.
Pan American Silver Corp. (Pan American) is engaged in the production and sale of silver, gold and base metals including copper, lead and zinc, as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia.
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