NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $26.67 as of 9:30 a.m. ET, the dividend yield is 0.6%.
The average volume for Pan American has been 1.2 million shares per day over the past 30 days. Pan American has a market cap of $2.28 billion and is part of the
industry. Shares are up 20.3% year to date as of the close of trading on Tuesday.
Pan American Silver Corp. engages in the exploration, development, extraction, processing, production, refining, reclamation, and operation of silver properties. The company also produces and sells gold, zinc, lead, and copper. The company has a P/E ratio of 7.7, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates Pan American as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full