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

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) announced a semi-annual dividend on Monday, April 7th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be paid a dividend of 0.2922 per share by the mining company on Monday, May 12th. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend 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. Trading Up 5.8 %

Compañía de Minas Buenaventura S.A.A. stock traded up $0.82 during mid-day trading on Friday, hitting $14.82. The company's stock had a trading volume of 1,195,274 shares, compared to its average volume of 1,194,426. The stock's fifty day moving average is $13.91 and its two-hundred day moving average is $13.18. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $3.76 billion, a PE ratio of 10.51 and a beta of 0.37. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). The business had revenue of $299.59 million for the quarter, compared to analysts' expectations of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. On average, analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current 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 research note 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.