Cameco Corp (CCO) to Issue Quarterly Dividend of $0.10 on January 15th
Cameco Corp (TSE:CCO) (NYSE:CCJ) declared a quarterly dividend on Thursday, October 26th, Zacks reports. Stockholders of record on Friday, December 29th will be given a dividend of 0.10 per share on Monday, January 15th. This represents a $0.40 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Thursday, December 28th.
Cameco (TSE:CCO) opened at C$11.97 on Wednesday. Cameco has a fifty-two week low of C$9.90 and a fifty-two week high of C$17.65. The company has a market cap of $4,740.00, a price-to-earnings ratio of -16.40 and a beta of 0.92.
Several equities analysts have recently commented on CCO shares. Raymond James Financial lowered their price target on shares of Cameco from C$15.00 to C$14.00 in a report on Monday, October 23rd. Scotiabank boosted their price target on shares of Cameco from C$9.50 to C$10.00 and gave the company an “underperform” rating in a report on Monday, October 30th. TD Securities boosted their price target on shares of Cameco from C$15.00 to C$18.00 and gave the company a “buy” rating in a report on Tuesday, December 5th. Royal Bank of Canada lowered their price target on shares of Cameco from C$17.00 to C$16.00 and set an “outperform” rating on the stock in a report on Friday, October 20th. Finally, BMO Capital Markets lowered their price target on shares of Cameco from C$17.00 to C$15.00 in a report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of C$14.14.
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Cameco Company Profile
Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.
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