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

Key Points

• Dynacor Group Inc. has declared a monthly dividend of $0.01 per share, with the record date set for September 18th, resulting in an annual yield of 3.3%.
• The company's stock opened at C$4.81 and has seen a range between C$4.00 (12-month low) and C$6.25 (12-month high) over the past year, with a market capitalization of C$201.38 million.
• Dynacor, a Canadian gold ore processor with 27 years of experience, operates primarily in Peru and focuses on processing ore from the artisanal and small-scale mining sector.

Dynacor Group Inc. (TSE:DNG - Get Free Report) declared a monthly dividend on Thursday, September 11th, TickerTech Dividends reports. Stockholders of record on Thursday, September 18th will be paid a dividend of 0.0133 per share on Thursday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, September 11th.

Dynacor Group Stock Performance

Dynacor Group stock traded up C$0.02 during trading on Friday, hitting C$4.63. The stock had a trading volume of 41,652 shares, compared to its average volume of 80,954. Dynacor Group has a 1 year low of C$4.00 and a 1 year high of C$6.25. The company has a quick ratio of 3.50, a current ratio of 4.36 and a debt-to-equity ratio of 0.59. The stock's 50 day moving average is C$4.76 and its two-hundred day moving average is C$4.78. The stock has a market cap of C$193.84 million, a price-to-earnings ratio of 11.29 and a beta of 0.45.

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.