Fresnillo Announces 2024 Dividend Conversion Rates

PUBLISHED: Apr 25 2025 @ 03:24 | Comments (0) | More info about Fiona Craig

Fresnillo plc (LSE:FRES) has confirmed the conversion rate for its 2024 final and special dividends, setting the exchange rate at 1.32810 US$/GB£. Shareholders will receive a final dividend of 19.6521 pence per share and a special dividend of 31.4736 pence per share, both payable on May 30, 2025. This move highlights the company’s ongoing commitment to returning value to its shareholders, which could influence investor sentiment and market positioning.

Fresnillo continues to demonstrate strong financial results, underpinned by effective cost management that has driven profitability. However, the stock faces caution due to high valuation metrics and the potential for overbought technical indicators. Operational challenges in certain areas also present risks. Despite these factors, the stock is positioned favorably, though it remains subject to some notable risks.

About Fresnillo plc

Fresnillo plc is the largest primary silver producer in the world and Mexico’s top gold producer. The company is listed on both the London and Mexican Stock Exchanges and operates eight mines across Mexico. In addition, Fresnillo has exploration projects in Mexico, Peru, and Chile, with the goal of solidifying its leadership in silver and gold production.

Year-to-Date Share Performance: +73.76%
Average Daily Trading Volume: 13,448
Technical Sentiment: Sell Signal
Market Capitalization: $10.17 billion

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