Dividend Flows: $0.01 dividends are now a reality for Pan American Silver Corp. (NASDAQ:PAAS) shareholders. Here’s why.

Dividend Flows: $0.01 dividends are now a reality for Pan American Silver Corp. (NASDAQ:PAAS) shareholders. Here's why.

Pan American Silver Corp. (NASDAQ:PAAS) is expected to pay $0.01 on Dec 6, 2016. The indicated annual dividend is $0.05. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on Pan American Silver Corp.’s current price of $16.25, the dividend is 0.08%. This dividend’s record date is Nov 25, 2016 and the announcement date is Nov 15, 2016. The stock increased 0.49% or $0.08 during the last trading session, hitting $16.25. About 100 shares traded hands. Pan American Silver Corp. (USA) (NASDAQ:PAAS) has risen 15.49% since April 19, 2016 and is uptrending. It has outperformed by 11.63% the S&P500.

Pan American Silver Corp. is engaged in the production and sale of silver, gold and base metals including copper, lead and zinc, as well as other related activities, including exploration, extraction, processing, refining and reclamation. The company has a market cap of $2.51 billion. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia. It currently has negative earnings. The Firm has project development activities in Peru, Mexico and Argentina, and exploration activities throughout South America, Mexico, and the United States.

Pan American Silver Corp. (USA) (NASDAQ:PAAS) Ratings Coverage

Out of 6 analysts covering Pan American Silver Corp. (NASDAQ:PAAS), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Pan American Silver Corp. has been the topic of 20 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, September 18 by FBR Capital. The firm has “Mkt Perform” rating by FBR Capital given on Wednesday, July 20. The stock of Pan American Silver Corp. (USA) (NASDAQ:PAAS) earned “Buy” rating by Canaccord Genuity on Tuesday, November 15. The rating was upgraded by BMO Capital Markets to “Market Perform” on Monday, March 14. The stock has “Hold” rating given by Deutsche Bank on Wednesday, March 23. RBC Capital Markets maintained the shares of PAAS in a report on Monday, June 13 with “Sector Perform” rating. The stock of Pan American Silver Corp. (USA) (NASDAQ:PAAS) has “Sector Perform” rating given on Monday, February 22 by IBC. The firm has “Buy” rating given on Monday, October 3 by Deutsche Bank. Deutsche Bank upgraded Pan American Silver Corp. (USA) (NASDAQ:PAAS) rating on Thursday, August 13. Deutsche Bank has “Buy” rating and $12 price target. IBC upgraded Pan American Silver Corp. (USA) (NASDAQ:PAAS) on Friday, April 8 to “Outperformer” rating.

Another recent and important Pan American Silver Corp. (USA) (NASDAQ:PAAS) news was published by Fool.ca which published an article titled: “Why Pan American Silver Corp. Is a Solid Opportunity to Cash in on the Rally …” on January 23, 2015.

PAAS Company Profile

Pan American Silver Corp. (Pan American), incorporated on March 7, 1979, is engaged in the production and sale of silver, gold and base metals including copper, lead and zinc, as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia. The Firm has project development activities in Peru, Mexico and Argentina, and exploration activities throughout South America, Mexico, and the United States. The Company’s properties consist of the Huaron and Morococha mines located in Peru, the Alamo Dorado, La Colorada and Dolores mines located in Mexico, the San Vicente mine located in Bolivia and the Manantial Espejo mine located in Argentina. The Company’s subsidiaries include Pan American Silver Huaron S.A. (PAS Huaron), Compania Minera Argentum S.A., Minera Corner Bay S.A. de C.V., Plata Panamericana S.A. de C.V., Compania Minera Dolores S.A. de C.V., Minera Triton Argentina S.A. (MTA), Pan American Silver (Bolivia) S.A. (PASB) and Minera Argenta S.A.

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