Anglo American plc (OTCMKTS:NGLOY) Increases Dividend to $0.19 Per Share

Anglo American plc (OTCMKTS:NGLOY) declared a dividend on Saturday, July 27th, NASDAQ reports. Stockholders of record on Friday, August 16th will be given a dividend of 0.194 per share by the mining company on Friday, October 4th. The ex-dividend date of this dividend is Friday, August 16th. This is an increase from Anglo American’s previous dividend of $0.18.

Anglo American Trading Down 2.5 %

OTCMKTS NGLOY opened at $14.08 on Thursday. Anglo American has a 12 month low of $10.37 and a 12 month high of $17.60. The stock has a 50-day simple moving average of $15.01 and a 200 day simple moving average of $14.05. The company has a current ratio of 1.85, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Jefferies Financial Group cut Anglo American from a “buy” rating to a “hold” rating in a research note on Wednesday, May 29th. BNP Paribas raised shares of Anglo American from a “neutral” rating to an “outperform” rating in a research note on Friday, June 21st. Finally, UBS Group raised shares of Anglo American from a “neutral” rating to a “buy” rating in a research report on Friday, July 26th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,900.00.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.