Centamin plc (LON:CEY) to Issue Dividend of $0.02

Centamin plc (LON:CEYGet Free Report) announced a dividend on Thursday, July 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 29th will be paid a dividend of $0.02 per share by the mining company on Friday, September 27th. This represents a yield of 1.35%. The ex-dividend date of this dividend is Thursday, August 29th. This is an increase from Centamin’s previous dividend of $0.02. The official announcement can be viewed at this link.

Centamin Price Performance

Shares of LON:CEY opened at GBX 118.90 ($1.54) on Friday. Centamin has a twelve month low of GBX 77.25 ($1.00) and a twelve month high of GBX 134.20 ($1.74). The stock’s 50 day moving average is GBX 122.66 and its 200-day moving average is GBX 112.47. The company has a quick ratio of 2.09, a current ratio of 3.22 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of £1.38 billion, a price-to-earnings ratio of 1,990.00, a PEG ratio of -1.53 and a beta of 0.58.

Analysts Set New Price Targets

Several research analysts have weighed in on CEY shares. Canaccord Genuity Group restated a “buy” rating and set a GBX 150 ($1.94) price objective on shares of Centamin in a report on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 160 ($2.07) target price on shares of Centamin in a research report on Thursday, July 18th.

Get Our Latest Stock Analysis on CEY

Insider Activity at Centamin

In related news, insider Martin Horgan sold 95,783 shares of the stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of GBX 123 ($1.59), for a total value of £117,813.09 ($152,370.78). 0.21% of the stock is owned by insiders.

Centamin Company Profile

(Get Free Report)

Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of gold and precious metals in Egypt, Côte d'Ivoire, Burkina Faso, Jersey, the United Kingdom, and Australia. Its principal asset is the Sukari Gold Mine project, which covers an area of approximately 160 square kilometers located in the Eastern Desert of Egypt.

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Dividend History for Centamin (LON:CEY)

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