SASKATOON – Cameco raised its dividend and reported a small net loss in its most recent quarter.

The uranium miner says it will pay an annual dividend of 24 cents per share, up from 16 cents.

The increased payment to shareholders came as Cameco posted a net loss of $158,000 or zero cents per diluted share for the quarter ended Sept. 30 compared with a profit of $7.4 million or two cents per diluted share a year earlier.

Revenue from products and services totalled $614.6 million, down from $720.6 million in the same quarter last year.

On an adjusted basis, Cameco says it earned seven cents per diluted share in its latest quarter, up from an adjusted profit of six cents per diluted share a year earlier.

Cameco and Brookfield Asset Management Ltd. announced a partnership agreement with t

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