Published On: Thu, Sep 8th, 2016

Goldcorp Inc. Announces Quarterly Dividend of C$0.02 (G)

Goldcorp Inc. (TSE:G) declared a quarterly dividend on Tuesday, September 13th. Shareholders of record on Friday, September 23rd will be given a dividend of 0.02 per share on Friday, September 23rd. This represents a $0.08 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend is Tuesday, September 13th.
Shares of Goldcorp (TSE:G) opened at 21.47 on Thursday. Goldcorp has a 12-month low of $13.55 and a 12-month high of $26.56. The company’s 50 day moving average is $22.92 and its 200 day moving average is $22.69. The company’s market capitalization is $18.31 billion.

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Several research analysts have recently commented on G shares. TD Securities dropped their price target on shares of Goldcorp from C$23.00 to C$21.00 and set a “hold” rating on the stock in a research note on Wednesday, August 3rd. Desjardins lowered shares of Goldcorp from a “buy” rating to a “hold” rating in a research note on Wednesday, July 13th. Canaccord Genuity increased their price target on shares of Goldcorp from C$26.50 to C$30.00 in a research note on Tuesday, July 12th. Finally, Royal Bank Of Canada restated an “underperform” rating and set a C$22.00 price target on shares of Goldcorp in a research note on Thursday, June 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of C$24.10.
Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

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