Hudbay Minerals Inc (HBM) Declares $0.01 Semi-Annual Dividend
Hudbay Minerals Inc (NYSE:HBM) (TSE:HBM) announced a Semi-Annual dividend on Wednesday, February 21st, Zacks reports. Shareholders of record on Friday, March 9th will be given a dividend of 0.008 per share by the mining company on Thursday, March 29th. This represents a yield of 0.2%. The ex-dividend date is Thursday, March 8th.
Hudbay Minerals has decreased its dividend by an average of 5.1% annually over the last three years. Hudbay Minerals has a dividend payout ratio of 4.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Hudbay Minerals to earn $1.08 per share next year, which means the company should continue to be able to cover its $0.02 annual dividend with an expected future payout ratio of 1.9%.
Hudbay Minerals (NYSE HBM) remained flat at $$7.60 during midday trading on Friday. The company had a trading volume of 490,601 shares, compared to its average volume of 917,198. Hudbay Minerals has a 1-year low of $4.60 and a 1-year high of $10.25. The company has a current ratio of 1.87, a quick ratio of 1.47 and a debt-to-equity ratio of 0.49. The firm has a market cap of $1,990.00, a PE ratio of 14.34 and a beta of 2.95.
Hudbay Minerals Company Profile
Hudbay Minerals Inc is a Canada-based mining company. The Company is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. The Company is focused on the discovery, production and marketing of base and precious metals. The Company has assets in North and South America.
Receive News & Ratings for Hudbay Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudbay Minerals and related companies with MarketBeat.com's FREE daily email newsletter.