Aura Minerals declares dividend as analysts cut ratings

Aura Minerals Inc. announced a quarterly dividend of $0.72 per share, payable on September 8 to shareholders of record on August 18. The dividend represents an annualized yield of about 4.4% and the ex‑dividend date is August 18.

At the same time, multiple sell‑side analysts downgraded the stock. Wall Street Zen moved its rating from "Buy" to "Hold," Zacks lowered its rating to "Strong Sell," JPMorgan cut its price target to $91.00, Weiss trimmed its rating to "Hold (c)," and Bank of America reduced its price objective to $94.00. The consensus rating among analysts is now "Hold" with an average price target of $79.27.