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

Pan American Silver Corp. (TSE:PAAS) declared a quarterly dividend on Tuesday, May 20th, TickerTech Dividends reports. Stockholders of record on Monday, June 2nd will be given a dividend of 0.10 per share on Monday, June 2nd. This represents a $0.40 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Tuesday, May 20th.

Pan American Silver Price Performance

PAAS stock opened at C$31.76 on Friday. Pan American Silver has a one year low of C$24.96 and a one year high of C$39.70. The company’s fifty day moving average price is C$35.39 and its 200-day moving average price is C$33.39. The company has a debt-to-equity ratio of 17.60, a quick ratio of 0.88 and a current ratio of 2.06. The company has a market capitalization of C$8.11 billion, a PE ratio of -170.28, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40.

Insider Activity at Pan American Silver

In other news, Senior Officer Christopher Emerson sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of C$36.35, for a total value of C$145,394.00. Also, Senior Officer Martin Wafforn sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$36.02, for a total value of C$720,496.00. 0.07% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, National Bankshares boosted their target price on shares of Pan American Silver from C$45.25 to C$52.50 and gave the stock an “outperform” rating in a report on Wednesday, April 2nd.

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.