Pan American Silver Corp. Declares Quarterly Dividend of $0.13 (PAAS)
Pan American Silver Corp. (NASDAQ:PAAS) announced a quarterly dividend on Thursday, August 14th, Analyst RN reports. Shareholders of record on Monday, August 25th will be paid a dividend of 0.125 per share on Friday, September 5th. This represents a $0.50 annualized dividend and a dividend yield of 3.31%. The ex-dividend date is Thursday, August 21st.
A number of research firms have recently commented on PAAS. Analysts at Cowen and Company initiated coverage on shares of Pan American Silver Corp. in a research note on Tuesday, July 22nd. They set a “market perform” rating on the stock. On the ratings front, analysts at Canaccord Genuity cut their price target on shares of Pan American Silver Corp. to $18.50 in a research note on Friday, July 11th. Finally, analysts at JPMorgan Chase & Co. set a $15.00 price target on shares of Pan American Silver Corp. in a research note on Wednesday, July 9th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. Pan American Silver Corp. has an average rating of “Hold” and an average target price of $15.22.
Shares of Pan American Silver Corp. (NASDAQ:PAAS) traded down 5.43% on Thursday, hitting $14.29. 2,103,175 shares of the company’s stock traded hands. Pan American Silver Corp. has a 52-week low of $9.78 and a 52-week high of $15.97. The stock’s 50-day moving average is $15.05 and its 200-day moving average is $13.82. The company’s market cap is $2.165 billion.
Pan American Silver Corp. (NASDAQ:PAAS), engaged in the operation and development of, and exploration for, silver producing properties and assets.
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