At the end of December 01, 2023, Pan American Silver PAAS will reward its shareholders with a dividend payout of $0.10 per share, demonstrating an annualized dividend yield of 2.63%. Remember, only investors who held the stock before the ex-dividend date on November 17, 2023 will receive this payout.
Pan American Silver Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-17 | 4 | $0.1 | 2.63% | 2023-11-07 | 2023-11-20 | 2023-12-01 |
| 2023-08-18 | 4 | $0.1 | 2.61% | 2023-08-09 | 2023-08-21 | 2023-09-01 |
| 2023-04-13 | 4 | $0.1 | 2.23% | 2023-03-24 | 2023-04-14 | 2023-05-12 |
| 2023-03-03 | 4 | $0.1 | 2.55% | 2023-02-22 | 2023-03-06 | 2023-03-17 |
| 2022-11-18 | 4 | $0.1 | 2.63% | 2022-11-09 | 2022-11-21 | 2022-12-02 |
| 2022-08-19 | 4 | $0.11 | 2.11% | 2022-08-10 | 2022-08-22 | 2022-09-02 |
| 2022-05-20 | 4 | $0.12 | 2.18% | 2022-05-11 | 2022-05-24 | 2022-06-03 |
| 2022-03-04 | 4 | $0.12 | 1.97% | 2022-02-24 | 2022-03-07 | 2022-03-21 |
| 2021-11-19 | 4 | $0.1 | 1.51% | 2021-11-09 | 2021-11-22 | 2021-12-03 |
| 2021-08-20 | 4 | $0.1 | 1.57% | 2021-08-10 | 2021-08-23 | 2021-09-03 |
| 2021-05-24 | 4 | $0.07 | 0.81% | 2021-05-12 | 2021-05-25 | 2021-06-07 |
| 2021-02-26 | 4 | $0.07 | 0.86% | 2021-02-17 | 2021-03-01 | 2021-03-11 |
Analyzing Pan American Silver Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.14 in 2019 to $0.45 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For Pan American Silver
The earnings chart highlights a decrease in Pan American Silver's earnings per share, declining from $0.43 in 2019 to $0.30 in 2022. This decline in earnings raises a red flag for income-seeking investors, as it suggests a potential decrease in the company's ability to generate cash for dividend payouts. It is essential to closely examine the factors behind this decrease and assess the long-term impact on dividend sustainability.
Recap
In this article, we delve into Pan American Silver's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.10 per share today, resulting in an annualized dividend yield of 2.63%.
Given that Pan American Silver has experienced an increase in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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