Buenaventura Mining Company Inc. (BVN) To Go Ex-Dividend on November 20th

Buenaventura Mining Company Inc. (NYSE:BVN) declared a special dividend on Monday, November 2nd. Stockholders of record on Friday, November 20th will be given a dividend of $0.5508 per share by the mining company on Wednesday, December 9th. The ex-dividend date of this dividend is Friday, November 20th.

Buenaventura Mining has a dividend payout ratio of 57.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Buenaventura Mining to earn $4.01 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 26.9%.

Buenaventura Mining Price Performance

Shares of BVN opened at $26.75 on Wednesday. The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of 5.67 and a beta of 0.40. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.43 and a current ratio of 2.59. Buenaventura Mining has a one year low of $21.04 and a one year high of $44.67. The stock’s fifty day moving average is $32.02 and its 200-day moving average is $33.83.

Buenaventura Mining (NYSE:BVN) last posted its quarterly earnings data on Thursday, October 29th. The mining company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.10. The business had revenue of $545.33 million during the quarter, compared to the consensus estimate of $439.69 million. Buenaventura Mining had a net margin of 51.78% and a return on equity of 27.60%. Equities analysts anticipate that Buenaventura Mining will post 3.99 EPS for the current year.

Buenaventura Mining Company Profile

Compañía de Minas Buenaventura SAA., known as Buenaventura Mining, is a Peru-based mining company engaged in the exploration, development, construction, and operation of mineral projects. Its portfolio includes precious and base metals, with primary exposure to gold, silver, copper, lead, and zinc.

Founded in 1953, Buenaventura operates primarily in Peru. Its activities have included the Uchucchacua, Tambomayo, La Zanja, Coimolache, and El Brocal mining operations, as well as exploration and development projects across the country.