Anglo American plc Announces Dividend of $0.11 (OTCMKTS:NGLOY)

Anglo American plc (OTCMKTS:NGLOY) declared a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.11 per share by the mining company on Wednesday, May 14th. The ex-dividend date of this dividend is Friday, March 14th.

Anglo American Trading Up 2.8 %

OTCMKTS:NGLOY traded up $0.42 on Wednesday, hitting $15.20. The stock had a trading volume of 811,848 shares, compared to its average volume of 235,099. Anglo American has a 1 year low of $10.69 and a 1 year high of $17.60. The firm’s fifty day simple moving average is $15.04 and its two-hundred day simple moving average is $15.04. The company has a current ratio of 1.98, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

Analysts Set New Price Targets

Several research firms have commented on NGLOY. Citigroup downgraded shares of Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. Sanford C. Bernstein lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Royal Bank of Canada cut shares of Anglo American from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Finally, Jefferies Financial Group upgraded shares of Anglo American from a “hold” rating to a “buy” rating in a research note on Friday, November 29th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

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.