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) announced a semi-annual dividend on Monday, April 7th, Wall Street Journal reports. Investors 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 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 %

Shares of BVN traded down $0.40 during mid-day trading on Monday, reaching $12.93. The company’s stock had a trading volume of 2,250,940 shares, compared to its average volume of 1,192,091. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 9.17 and a beta of 0.37. The business has a fifty day moving average of $13.78 and a 200 day moving average of $13.17. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. 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) last announced its quarterly earnings data 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 company had revenue of $299.59 million for the quarter, compared to analysts’ expectations of $315.77 million. As a group, analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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.

Compañía de Minas Buenaventura S.A.A. Company Profile

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.