Anglo American plc (AAL) Announces $0.48 Dividend
Anglo American plc (LON:AAL) announced a dividend on Thursday, July 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 10th will be given a dividend of $0.48 per share by the mining company on Friday, September 22nd. This represents a yield of 2.98%. The ex-dividend date of this dividend is Thursday, August 10th. The official announcement can be viewed at this link.
Anglo American plc (LON:AAL) traded up 3.22% during mid-day trading on Thursday, reaching GBX 1233.50. The company’s stock had a trading volume of 6,659,082 shares. The firm’s market capitalization is GBX 15.71 billion. The company’s 50-day moving average price is GBX 1,063.61 and its 200 day moving average price is GBX 1,171.89. Anglo American plc has a 52 week low of GBX 725.60 and a 52 week high of GBX 1,529.01.
In other Anglo American plc news, insider Mphu Ramatlapeng acquired 283 shares of the stock in a transaction dated Monday, June 26th. The shares were bought at an average price of GBX 982 ($12.79) per share, with a total value of £2,779.06 ($3,620.45). Also, insider John Parker acquired 62,696 shares of the stock in a transaction dated Tuesday, May 30th. The stock was acquired at an average cost of GBX 1,057 ($13.77) per share, for a total transaction of £662,696.72 ($863,336.01). Over the last quarter, insiders purchased 63,007 shares of company stock worth $66,578,196.
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Several equities research analysts have recently issued reports on the stock. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,600 ($20.84) price objective (up from GBX 1,530 ($19.93)) on shares of Anglo American plc in a research report on Tuesday, May 2nd. Jefferies Group LLC reduced their price target on shares of Anglo American plc from GBX 1,300 ($16.94) to GBX 950 ($12.38) and set a “hold” rating for the company in a research report on Thursday, June 8th. Barclays PLC reissued an “equal weight” rating and issued a GBX 1,165 ($15.18) price target on shares of Anglo American plc in a research report on Wednesday, May 3rd. HSBC Holdings plc reduced their price target on shares of Anglo American plc from GBX 1,350 ($17.59) to GBX 1,250 ($16.28) and set a “buy” rating for the company in a research report on Friday, July 14th. Finally, Goldman Sachs Group, Inc. (The) cut shares of Anglo American plc to a “neutral” rating and reduced their price target for the company from GBX 1,500 ($19.54) to GBX 1,100 ($14.33) in a research report on Tuesday, April 25th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,255.63 ($16.36).
About Anglo American plc
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
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