Home Markets Dividend Growth of Barrick Gold Corporation(ABX)

Dividend Growth of Barrick Gold Corporation(ABX)


Barrick Gold Corporation(ABX) is having a Dividend Yield of 0.41% with the Annual cash Dividend per share of $0.08. The last quarter cash dividend per share pay out was $0.02. Barrick Gold Corporation has a 5 year average dividend yield of 1.56% and the stock has a Indicated annual dividend of $0.08. Barrick Gold Corporation(ABX) formally announced its most recent dividend on October 27, 2016 with a Dividend per share of $0.02. The new indicated annual dividend based on announced dividend per share is $0.08. The dividend yield based on the forward looking indicated annual dividend is 0.41%. Barrick Gold Corporation(ABX) has the most recent dividend payout ratio of 0.14 with a 5-year average payout ratio of 0.21. The 5 year historical dividend growth of Barrick Gold Corporation(ABX) is at the rate of -43.18% while the R-Squared dividend growth is 0.86. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Barrick Gold Corporation (NYSE:ABX) rose 6.11% or 1.18 points on Thursday and made its way into the gainers of the day. After trading began at $19.74 the stock was seen hitting $20.74 as a peak level and $19.65 as the lowest level. The stock ended up at $20.5. The daily volume was measured at 34,706,140 shares. The 52-week high of the share price is $23.47 and the 52-week low is $11.49. The company has a market cap of $23,891 million. Shares of Barrick Gold Corporation rose by 7.05% in the last five trading days and 21.88% for the last 4 weeks. Barrick Gold Corporation is up 31.76% in the last 3-month period. Year-to-Date the stock performance stands at 28.29%.

Institutional Investors own 58.61% of Barrick Gold Corporation shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Barrick Gold Corporation (USA) was Downgraded by TD Securities to Hold on Dec 21, 2016.

Barrick Gold Corporation (USA) Last issued its quarterly earnings results on Feb 15, 2017. The company reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.19. The company had revenue of $2320.00 million for the quarter, compared to analysts expectations of $2182.76 million. The companys revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS.

Barrick Gold Corporation is a leading international gold producer with low-cost mines in North and South America.



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