Goldcorp Announces Monthly Dividend of $0.05 (GG)
Goldcorp (NYSE:GG) announced a monthly dividend on Tuesday, February 4th, AnalystRatingsNetwork.com reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.05 per share on Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 2.39%. The ex-dividend date is Tuesday, February 11th.
Several analysts have recently commented on the stock. Analysts at Dundee Securities reiterated a “neutral” rating on shares of Goldcorp in a research note to investors on Tuesday, January 21st. On the ratings front, analysts at Barclays cut their price target on shares of Goldcorp from $32.00 to $30.00 in a research note to investors on Friday, January 17th. Finally, analysts at RBC Capital raised their price target on shares of Goldcorp from $30.00 to $31.00 in a research note to investors on Tuesday, January 14th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $29.25.
Shares of Goldcorp (NYSE:GG) traded up 1.49% on Tuesday, hitting $25.12. The stock had a trading volume of 8,068,186 shares. Goldcorp has a 52-week low of $20.54 and a 52-week high of $36.46. The stock has a 50-day moving average of $22.49 and a 200-day moving average of $25.20. The company’s market cap is $20.397 billion.
Goldcorp Inc (NYSE:GG) is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico and Central and South America.
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