Pan American Silver Corp. (TSE:PAAS) Announces $0.18 Quarterly Dividend

Pan American Silver Corp. (TSE:PAASGet Free Report) announced a quarterly dividend on Tuesday, May 19th, TickerTech Dividends reports. Investors of record on Monday, June 1st will be paid a dividend of 0.18 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, May 19th.

Pan American Silver Stock Performance

Shares of PAAS stock opened at C$77.61 on Friday. The business’s 50 day simple moving average is C$76.90 and its 200 day simple moving average is C$72.43. Pan American Silver has a one year low of C$30.94 and a one year high of C$95.39. The stock has a market capitalization of C$32.70 billion, a PE ratio of 24.48, a PEG ratio of 24.57 and a beta of 2.04. The company has a debt-to-equity ratio of 11.49, a current ratio of 2.84 and a quick ratio of 0.88.

Pan American Silver (TSE:PAASGet Free Report) last announced its earnings results on Tuesday, May 5th. The company reported C$1.52 EPS for the quarter. Pan American Silver had a return on equity of 19.65% and a net margin of 31.69%.The business had revenue of C$1.85 billion for the quarter. As a group, research analysts forecast that Pan American Silver will post 1.9192235 earnings per share for the current year.

Insider Buying and Selling at Pan American Silver

In other news, insider Guido Mastropietro sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of C$87.50, for a total transaction of C$87,500.00. Following the transaction, the insider directly owned 2,572 shares of the company’s stock, valued at C$225,050. This represents a 28.00% decrease in their ownership of the stock. 0.07% of the stock is owned by insiders.

About Pan American Silver

(Get Free Report)

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. Pan American Silver is based in British Columbia.

See Also

Dividend History for Pan American Silver (TSE:PAAS)

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