Dynacor Group Inc. Declares Monthly Dividend of $0.01 (TSE:DNG)

Dynacor Group Inc. (TSE:DNG - Get Free Report) declared a monthly dividend on Thursday, May 8th, TickerTech Dividends reports. Investors of record on Thursday, May 15th will be given a dividend of 0.0133 per share on Thursday, May 15th. This represents a $0.16 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date is Thursday, May 8th.

Dynacor Group Stock Up 1.9 %

Shares of TSE:DNG opened at C$4.81 on Tuesday. The firm has a market capitalization of C$142.24 million, a P/E ratio of 6.75 and a beta of 1.09. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.50 and a current ratio of 4.36. The stock has a 50 day moving average price of C$4.94 and a 200-day moving average price of C$5.50. Dynacor Group has a 52-week low of C$4.00 and a 52-week high of C$6.25.

Insiders Place Their Bets

In other Dynacor Group news, Senior Officer Daniel Misiano bought 5,000 shares of the stock in a transaction dated Thursday, February 6th. The stock was purchased at an average cost of C$5.50 per share, for a total transaction of C$27,500.00. Over the last 90 days, insiders bought 20,900 shares of company stock worth $99,679. 18.59% of the stock is owned by corporate insiders.

Dynacor Group Company Profile

Dynacor, with 27 years of experience, is a Canadian-based dividend-paying industrial gold ore processor. The corporation is engaged in gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.

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