Cementos Pacasmayo S.A.A. (NYSE:CPAC) Plans $0.54 Variable Dividend

by · The Markets Daily

Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) announced a Variable dividend on Wednesday, November 6th,NASDAQ Dividends reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.5421 per share by the construction company on Tuesday, December 17th. The ex-dividend date of this dividend is Thursday, November 21st.

Cementos Pacasmayo S.A.A. has increased its dividend by an average of 19.3% annually over the last three years.

Cementos Pacasmayo S.A.A. Trading Up 3.6 %

NYSE:CPAC opened at $6.37 on Friday. The company has a quick ratio of 0.47, a current ratio of 1.56 and a debt-to-equity ratio of 0.80. The stock’s 50-day simple moving average is $5.83 and its 200 day simple moving average is $5.66. Cementos Pacasmayo S.A.A. has a 52-week low of $4.65 and a 52-week high of $6.65.

Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) last posted its earnings results on Tuesday, October 29th. The construction company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. The company had revenue of $137.76 million during the quarter, compared to analysts’ expectations of $140.30 million. Cementos Pacasmayo S.A.A. had a net margin of 9.41% and a return on equity of 17.48%. On average, analysts forecast that Cementos Pacasmayo S.A.A. will post 0.49 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered Cementos Pacasmayo S.A.A. from a “neutral” rating to an “underweight” rating and set a $6.00 target price on the stock. in a research note on Wednesday, August 21st.

View Our Latest Stock Report on CPAC

Cementos Pacasmayo S.A.A. Company Profile

(Get Free Report)

Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. It operates through three segments: Cement, Concrete, Mortar and Precast; Quicklime; and Sales of Construction Supplies. The company’s cement and concrete products are used in residential and commercial construction, and civil engineering; ready-mix concrete used in construction sites; concrete precast, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete precast for structural and non-structural uses; and cement-based products.

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