Pan American Silver Corp. (TSE:PAAS) Raises Dividend to $0.12 Per Share

Key Points

• Pan American Silver Corp. has announced a quarterly dividend increase to $0.12 per share, up from the previous $0.10, reflecting a 20.0% increase.
• The dividend will be paid on August 29th, and the ex-dividend date is set for August 18th, with a yield of 1.1%.
• As of the latest trading, shares of PAAS opened at C$43.85, with a one-year range between C$25.12 and C$44.42.

Pan American Silver Corp. (TSE:PAAS - Get Free Report) announced a quarterly dividend on Monday, August 18th, TickerTech Dividends reports. Stockholders of record on Friday, August 29th will be paid a dividend of 0.12 per share on Friday, August 29th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Monday, August 18th. This is a 20.0% increase from Pan American Silver's previous quarterly dividend of $0.10.

Pan American Silver Price Performance

Shares of PAAS opened at C$43.85 on Friday. Pan American Silver has a fifty-two week low of C$25.12 and a fifty-two week high of C$44.42. The company has a market capitalization of C$11.19 billion, a price-to-earnings ratio of -235.10, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. The firm has a 50-day simple moving average of C$40.02 and a 200-day simple moving average of C$36.80. The company has a debt-to-equity ratio of 17.60, a quick ratio of 0.88 and a current ratio of 2.06.

Pan American Silver Company Profile

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold.

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