Goldcorp Inc. (G) Plans Quarterly Dividend of $0.02
Goldcorp Inc. (TSE:G) (NYSE:GG) declared a quarterly dividend on Wednesday, December 13th, TickerTech reports. Stockholders of record on Friday, December 22nd will be paid a dividend of 0.02 per share on Friday, December 22nd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Wednesday, December 13th.
Goldcorp (TSE:G) opened at C$15.46 on Friday. Goldcorp has a 1 year low of C$15.35 and a 1 year high of C$23.35.
A number of equities analysts have recently issued reports on the stock. Royal Bank Of Canada upgraded shares of Goldcorp from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$15.00 to C$18.00 in a research note on Wednesday, November 1st. Eight Capital restated a “buy” rating on shares of Goldcorp in a research note on Thursday, November 16th. Scotiabank lowered their target price on shares of Goldcorp to C$22.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. CIBC downgraded shares of Goldcorp from a “buy” rating to a “sell” rating in a research note on Thursday, November 30th. Finally, Canaccord Genuity raised their target price on shares of Goldcorp from C$21.00 to C$21.50 in a research note on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. Goldcorp has a consensus rating of “Buy” and an average price target of C$22.35.
Goldcorp Company Profile
Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.
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