AngloGold Ashanti plc (NYSE:AU – Get Free Report) announced a Semi-Annual dividend on Tuesday, August 6th, Zacks reports. Shareholders of record on Friday, August 30th will be given a dividend of 0.22 per share by the mining company on Friday, September 13th. The ex-dividend date is Friday, August 30th. This is an increase from AngloGold Ashanti’s previous Semi-Annual dividend of $0.19.
AngloGold Ashanti has increased its dividend payment by an average of 32.3% annually over the last three years.
AngloGold Ashanti Stock Down 0.8 %
Shares of AU traded down $0.23 during trading hours on Wednesday, hitting $27.65. The company had a trading volume of 144,877 shares, compared to its average volume of 1,916,878. AngloGold Ashanti has a 52-week low of $14.91 and a 52-week high of $30.09. The stock’s 50 day moving average price is $25.89 and its 200 day moving average price is $22.94.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on AU. HSBC lowered AngloGold Ashanti from a “hold” rating to a “reduce” rating in a research report on Friday, April 19th. JPMorgan Chase & Co. dropped their price objective on shares of AngloGold Ashanti from $33.00 to $32.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 3rd. Finally, Scotiabank upped their price objective on shares of AngloGold Ashanti from $22.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday, May 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $24.50.
Check Out Our Latest Report on AU
About AngloGold Ashanti
AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.
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