Pan American Silver Corp. (TSE:PAAS) announced a quarterly dividend on Friday, August 16th, TickerTech reports. Investors of record on Friday, August 30th will be given a dividend of 0.035 per share on Friday, August 30th. This represents a $0.14 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend is Friday, August 16th.

TSE:PAAS opened at C$22.11 on Wednesday. The company has a debt-to-equity ratio of 15.66, a current ratio of 4.09 and a quick ratio of 1.35. Pan American Silver has a 12-month low of C$13.83 and a 12-month high of C$23.27. The stock’s 50-day simple moving average is C$19.36. The stock has a market capitalization of $4.85 billion and a PE ratio of -176.88.

Several equities analysts have weighed in on PAAS shares. National Bank Financial raised their price target on Pan American Silver from C$23.50 to C$25.00 in a report on Tuesday, July 23rd. Pi Financial raised their price target on Pan American Silver from C$23.25 to C$25.25 in a report on Wednesday, July 24th.

In other Pan American Silver news, Senior Officer Steven Busby sold 4,000 shares of the firm’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of C$23.03, for a total transaction of C$92,120.00. Following the transaction, the insider now directly owns 80,690 shares in the company, valued at approximately C$1,858,290.70. Also, Senior Officer Matthew Robert Andrews sold 11,668 shares of the firm’s stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of C$17.17, for a total value of C$200,351.23. Following the transaction, the insider now owns 19,659 shares in the company, valued at C$337,564.69.

Pan American Silver Company Profile

Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines. The company owns and operates mines located in Mexico, Peru, Canada, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper.

See Also: Dividend

Dividend History for Pan American Silver (TSE:PAAS)

Receive News & Ratings for Pan American Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan American Silver and related companies with MarketBeat.com's FREE daily email newsletter.