Pan American Silver Corp. (TSE:PAAS) Declares Dividend Increase – $0.18 Per Share

Pan American Silver Corp. (TSE:PAAS) announced a quarterly dividend on Monday, August 24th, TickerTech Dividends reports. Investors of record on Friday, September 4th will be paid 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 Up 2.0%

TSE PAAS opened at C$73.07 on Friday. The stock has a market cap of C$30.30 billion, a PE ratio of 21.62, a P/E/G ratio of 24.57 and a beta of 1.98. Pan American Silver has a fifty-two week low of C$44.02 and a fifty-two week high of C$95.39. The business has a 50 day moving average price of C$65.13 and a two-hundred day moving average price of C$73.02. The company has a quick ratio of 0.88, a current ratio of 2.94 and a debt-to-equity ratio of 11.43.

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

About Pan American Silver

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.