Dividend Growth of Cameco Corporation(CCJ)

Cameco Corporation(CCJ) is having a Dividend Yield of 2.51% with the Annual cash Dividend per share of $0.3. The last quarter cash dividend per share pay out was $0.07. Cameco Corporation has a 5 year average dividend yield of 2.16% and the stock has a Indicated annual dividend of $0.3. Cameco Corporation(CCJ) formally announced its most recent dividend on February 10, 2017 with a Dividend per share of $0.08. The new indicated annual dividend based on announced dividend per share is $0.31. The dividend yield based on the forward looking indicated annual dividend is 2.59%. Cameco Corporation(CCJ) has the most recent dividend payout ratio of 1.06 with a 5-year average payout ratio of 0.46. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.61. The 5 year historical dividend growth of Cameco Corporation(CCJ) is at the rate of -7.66% while the R-Squared dividend growth is 0.81. 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.

Cameco Corporation (NYSE:CCJ) witnessed a decline in the market cap on Thursday as its shares dropped 0.08% or 0.01 points. After the session commenced at $11.91, the stock reached the higher end at $12.1 while it hit a low of $11.74. With the volume soaring to 2,710,172 shares, the last trade was called at $11.84. The company has a 52-week high of $13.59. The company has a market cap of $4,686 million and there are 395,792,520 shares in outstanding. The 52-week low of the share price is $7.41. Shares of Cameco Corporation rose by 9.23% in the last five trading days and 9.12% for the last 4 weeks. Cameco Corporation is up 32.93% in the last 3-month period. Year-to-Date the stock performance stands at 13.09%.

Currently the company Insiders own 1% of Cameco Corporation shares according to the proxy statements. Institutional Investors own 54.79% of Cameco Corporation shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cameco Corporation (USA) was Downgraded by RBC Capital Mkts to Sector Perform on Feb 2, 2017. Cameco Corporation (USA) was Upgraded by BofA/Merrill to Neutral on Jan 12, 2017.

Cameco Corporation (USA) Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.27. Analyst had a consensus of $-0.04. The company had revenue of $887.00 million for the quarter, compared to analysts expectations of $805.36 million. The companys revenue was down -9.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.38 EPS.

Cameco Corporation is the worlds largest publicly traded uranium company and a growing gold producer. Its uranium products are used to generate electricity in nuclear power plants around the world, providing one of the cleanest sources of energy available today.


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