AngloGold Ashanti PLC (AU) To Go Ex-Dividend on March 13th

AngloGold Ashanti PLC (NYSE:AU) declared a quarterly dividend on Friday, February 20th. Stockholders of record on Friday, March 13th will be given a dividend of 0.173 per share by the mining company on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, March 13th.

AngloGold Ashanti has raised its dividend payment by an average of 0.5%annually over the last three years. AngloGold Ashanti has a dividend payout ratio of 21.6% meaning its dividend is sufficiently covered by earnings. Analysts expect AngloGold Ashanti to earn $4.14 per share next year, which means the company should continue to be able to cover its $0.69 annual dividend with an expected future payout ratio of 16.7%.

AngloGold Ashanti Stock Performance

NYSE:AU opened at $114.38 on Friday. The firm has a market capitalization of $57.75 billion, a PE ratio of 22.04 and a beta of 0.59. The stock’s fifty day moving average is $97.79 and its 200 day moving average is $79.36. AngloGold Ashanti has a fifty-two week low of $28.44 and a fifty-two week high of $115.81. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.98 and a current ratio of 2.58.

AngloGold Ashanti (NYSE:AU) last posted its quarterly earnings data on Friday, February 20th. The mining company reported $1.90 EPS for the quarter, hitting the consensus estimate of $1.90. AngloGold Ashanti had a net margin of 26.25% and a return on equity of 24.01%. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $2.99 billion. On average, sell-side analysts anticipate that AngloGold Ashanti will post 3.83 earnings per share for the current year.

About AngloGold Ashanti

AngloGold Ashanti is a global gold mining company engaged in the exploration, development, production, processing and sale of gold. Headquartered in Johannesburg, South Africa, the company’s core activities span the full mining value chain from greenfield exploration and mine development through to ore processing and rehabilitation. Gold is the primary commodity produced, with individual operations sometimes yielding other by‑products depending on local geology and processing methods.

The company was formed in 2004 through the merger of AngloGold and Ashanti Goldfields, creating a diversified international gold producer.