Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Increases Dividend to $0.29 Per Share

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) declared a semi-annual dividend on Monday, April 7th, Wall Street Journal reports. Shareholders of record on Wednesday, April 16th will be given a dividend of 0.2922 per share by the mining company on Monday, May 12th. This represents a yield of 0.5%. The ex-dividend date is Wednesday, April 16th. This is a 302.5% increase from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07.

Compañía de Minas Buenaventura S.A.A. Stock Down 3.0 %

NYSE BVN traded down $0.40 during trading hours on Monday, reaching $12.93. 2,250,940 shares of the company’s stock were exchanged, compared to its average volume of 1,192,091. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 9.17 and a beta of 0.37. The company’s 50-day moving average is $13.78 and its two-hundred day moving average is $13.17. Compañía de Minas Buenaventura S.A.A. has a one year low of $11.50 and a one year high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. The firm had revenue of $299.59 million during the quarter, compared to the consensus estimate of $315.77 million. On average, analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a report on Monday, February 24th.

About Compañía de Minas Buenaventura S.A.A.

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region.