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The latest update is out from Nexa Resources SA ( (NEXA) ).
Nexa Resources S.A. has announced a new dividend policy, effective January 1, 2025, aiming to distribute annual dividends based on factors such as cash balance, earnings, leverage, and strategic considerations. The policy targets distributing up to 20% of free cash flow pre-events with a minimum payment of US$0.08 per common share, reflecting Nexa’s commitment to increasing long-term corporate value and providing consistent returns to its shareholders.
More about Nexa Resources SA
Nexa Resources is a large-scale, low-cost integrated zinc producer with over 65 years of experience in developing and operating mining and smelting assets in Latin America. The company owns and operates five long-life mines located in Peru and Brazil, as well as three smelters in Brazil and Peru. Nexa is recognized among the top five producers of mined and metallic zinc globally.
YTD Price Performance: -13.89%
Average Trading Volume: 122,512
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $821.1M
Learn more about NEXA stock on TipRanks’ Stock Analysis page.
