Pan American Silver Corp. (TSE:PAAS) Plans Quarterly Dividend of $0.10

Pan American Silver Corp. (TSE:PAAS) declared a quarterly dividend on Monday, March 3rd, TickerTech Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.10 per share on Friday, March 14th. This represents a $0.40 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Monday, March 3rd.

Pan American Silver Stock Performance

TSE PAAS traded down C$0.08 on Friday, hitting C$34.45. 2,038,402 shares of the company traded hands, compared to its average volume of 765,931. The company has a market capitalization of C$8.79 billion, a price-to-earnings ratio of -184.70, a P/E/G ratio of 24.57 and a beta of 1.40. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.60. The business’s 50 day moving average price is C$32.55 and its 200-day moving average price is C$30.80. Pan American Silver has a 52-week low of C$16.57 and a 52-week high of C$36.59.

Insider Activity

In related news, Senior Officer Martin Wafforn sold 20,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of C$36.02, for a total value of C$720,496.00. Also, Senior Officer Guido Mastropietro sold 1,500 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of C$31.54, for a total value of C$47,314.95. Insiders have sold 25,951 shares of company stock worth $913,869 over the last ninety days. Corporate insiders own 0.07% of the company’s stock.

Wall Street Analyst Weigh In

Separately, National Bankshares lowered their price objective on Pan American Silver from C$47.25 to C$45.25 and set an “outperform” rating on the stock in a research report on Wednesday.

About Pan American Silver

Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.