Fresnillo plc (LON:FRES) Announces Dividend Increase – $0.04 Per Share

Fresnillo plc (LON:FRES) announced a dividend on Tuesday, March 5th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 18th will be given a dividend of $0.04 per share on Wednesday, May 29th. This represents a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, April 18th. This is an increase from Fresnillo’s previous dividend of $0.01. The official announcement can be viewed at this link.

Fresnillo Stock Performance

Shares of LON:FRES opened at GBX 602.50 ($7.50) on Wednesday. The business’s fifty day moving average price is GBX 489.45 and its two-hundred day moving average price is GBX 525.43. Fresnillo has a fifty-two week low of GBX 435.20 ($5.42) and a fifty-two week high of GBX 814.21 ($10.14). The stock has a market capitalization of £4.44 billion, a price-to-earnings ratio of 2,338.00, a price-to-earnings-growth ratio of -1.58 and a beta of 0.26. The company has a debt-to-equity ratio of 23.33, a current ratio of 4.14 and a quick ratio of 3.28.

Fresnillo Company Profile

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; San Julián silver-gold mine situated on the border of Chihuahua/Durango states; and Juanicipio mine located in the state of Zacatecas.