Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL) Declares $0.14 Dividend

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL - Get Free Report) announced a dividend on Tuesday, August 19th, investing.com reports. Stockholders of record on Monday, August 25th will be paid a dividend of 0.14 per share on Friday, September 5th. This represents a dividend yield of 243.0%. The ex-dividend date of this dividend is Friday, August 22nd.

Caledonia Mining has a dividend payout ratio of 24.0% meaning its dividend is sufficiently covered by earnings.

Caledonia Mining Stock Performance

Shares of NYSEAMERICAN CMCL opened at $24.58 on Tuesday. Caledonia Mining has a 12 month low of $8.81 and a 12 month high of $25.05. The company has a 50-day simple moving average of $20.87 and a 200-day simple moving average of $15.12. The company has a market cap of $472.43 million, a PE ratio of 12.74 and a beta of 0.22. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.65 and a quick ratio of 1.10.

About Caledonia Mining

Caledonia Mining Corporation Plc primarily operates a gold mine. It also engages in the exploration and development of mineral properties for precious metals. The company holds a 64% interest in the Blanket Mine, a gold mine located in Zimbabwe. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located in the Gweru mining district in the Zimbabwe Midlands; the Bilboes, a gold deposit located to the north of Bulawayo, Zimbabwe; and the Motapa, a gold exploration property located in Southern Zimbabwe.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.