Centamin PLC (LON:CEY) Raises Dividend to $0.04 Per Share

Centamin PLC (LON:CEY) declared a dividend on Wednesday, July 31st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 29th will be paid a dividend of $0.04 per share by the mining company on Friday, September 27th. This represents a yield of 2.49%. The ex-dividend date of this dividend is Thursday, August 29th. This is an increase from Centamin’s previous dividend of $0.03. The official announcement can be viewed at this link.

Shares of Centamin stock opened at GBX 129.70 ($1.69) on Wednesday. The stock has a market capitalization of $1.50 billion and a price-to-earnings ratio of 20.27. Centamin has a 52 week low of GBX 79.14 ($1.03) and a 52 week high of GBX 136.75 ($1.79). The company has a 50 day moving average of GBX 113.08.

Several equities analysts have commented on the stock. Numis Securities reiterated a “buy” rating and issued a GBX 110 ($1.44) price target on shares of Centamin in a research note on Wednesday, April 24th. Peel Hunt reiterated a “sell” rating on shares of Keywords Studios in a research note on Wednesday. Berenberg Bank reiterated a “buy” rating and issued a GBX 620 ($8.10) price target on shares of BP in a research note on Tuesday. Royal Bank of Canada decreased their price objective on Snc-Lavalin Group from C$40.00 to C$34.00 and set an “outperform” rating for the company in a report on Tuesday, July 23rd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 341 ($4.46) price objective on shares of Cybg in a report on Tuesday. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Centamin has a consensus rating of “Hold” and an average price target of GBX 115.83 ($1.51).

Centamin Company Profile

Centamin plc is a mineral exploration, development and mining company. The Company is engaged in the business of exploration and production of precious metals. It operates in Australia, Jersey, Egypt, Burkina Faso and Cote d’Ivoire. Its principal asset, the Sukari Gold Mine (SGM), is located in the Eastern Desert, approximately 900 kilometers from Cairo and 25 kilometers from the Red Sea.

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Dividend History for Centamin (LON:CEY)

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