Barrick Gold Corp (NYSE:ABX) (TSE:ABX) announced a quarterly dividend on Wednesday, February 14th, RTT News reports. Shareholders of record on Wednesday, February 28th will be paid a dividend of 0.03 per share by the basic materials company on Thursday, March 15th. This represents a $0.12 annualized dividend and a yield of 0.88%.
Barrick Gold has decreased its dividend payment by an average of 15.7% per year over the last three years. Barrick Gold has a payout ratio of 16.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Barrick Gold to earn $0.93 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 12.9%.
Shares of Barrick Gold (NYSE ABX) traded up $0.43 on Wednesday, reaching $13.65. The company’s stock had a trading volume of 17,500,000 shares, compared to its average volume of 12,620,000. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.56 and a current ratio of 2.73. Barrick Gold has a one year low of $12.60 and a one year high of $20.78. The firm has a market capitalization of $15,910.00, a price-to-earnings ratio of 7.30, a P/E/G ratio of 7.12 and a beta of -0.35.
Barrick Gold Company Profile
Barrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company’s segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.
Receive News & Ratings for Barrick Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrick Gold and related companies with MarketBeat.com's FREE daily email newsletter.