Centamin plc (TSE:CEE) to Issue Dividend Increase – $0.06 Per Share

Centamin plc (TSE:CEE – Get Rating) announced a Semi-Annual dividend on Wednesday, March 16th, Zacks reports. Stockholders of record on Friday, May 20th will be given a dividend of 0.063 per share on Friday, June 10th. This represents a dividend yield of 3.4%. The ex-dividend date is Thursday, May 19th. This is a boost from Centamin’s previous Semi-Annual dividend of $0.05.

TSE CEE opened at C$1.34 on Tuesday. The company has a market capitalization of C$1.55 billion and a PE ratio of 11.86. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 4.68. Centamin has a 52-week low of C$1.26 and a 52-week high of C$2.10. The company has a 50-day simple moving average of C$1.51 and a 200 day simple moving average of C$1.56.

About Centamin (Get Rating)

Centamin plc engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte d'Ivoire, Jersey, the United Kingdom, and Australia. The company explores for gold deposits. 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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