Pan American Silver Corp. (TSE:PAAS) Increases Dividend to $0.18 Per Share

Pan American Silver Corp. (TSE:PAAS) announced a quarterly dividend on Monday, August 24th, TickerTech Dividends reports. Stockholders of record on Friday, September 4th will be given a dividend of 0.184 per share on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, August 24th. This is a 2.2% increase from Pan American Silver’s previous quarterly dividend of $0.18.

Pan American Silver Stock Performance

Shares of PAAS opened at C$73.07 on Friday. The company has a current ratio of 2.94, a quick ratio of 0.88 and a debt-to-equity ratio of 11.43. The firm has a market cap of C$30.30 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 24.57 and a beta of 1.98. The company’s 50 day simple moving average is C$65.13 and its 200-day simple moving average is C$73.02. Pan American Silver has a 12-month low of C$44.02 and a 12-month high of C$95.39.

Pan American Silver (TSE:PAAS) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C$1.04 earnings per share for the quarter. Pan American Silver had a net margin of 32.06% and a return on equity of 19.61%. The firm had revenue of C$1.60 billion during the quarter. As a group, equities analysts predict that Pan American Silver will post 1.9192235 EPS for the current year.

Pan American Silver Company Profile

Pan American is a leading producer of silver and gold in the Americas, operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. We also own a 44% joint venture interest in the producing Juanicipio mine in Mexico, a 100% interest in the Escobal mine in Guatemala that is currently not operating, and we hold interests in exploration and development projects. We have been operating in the Americas for over three decades, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management.