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

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

Pan American Silver Trading Down 7.5%

Shares of Pan American Silver stock opened at C$77.61 on Friday. Pan American Silver has a 12-month low of C$30.94 and a 12-month high of C$95.39. The company has a current ratio of 2.84, a quick ratio of 0.88 and a debt-to-equity ratio of 11.49. The stock has a market cap of C$32.70 billion, a PE ratio of 24.48, a price-to-earnings-growth ratio of 24.57 and a beta of 2.04. The company has a 50-day moving average of C$76.90 and a two-hundred day moving average of C$72.43.

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

Insiders Place Their Bets

In other Pan American Silver news, insider Guido Mastropietro sold 1,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of C$87.50, for a total value of C$87,500.00. Following the completion of the transaction, the insider directly owned 2,572 shares in the company, valued at approximately C$225,050. The trade was a 28.00% decrease in their position. Company insiders own 0.07% of the company’s stock.

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.

Recommended Stories

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.