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

Key Points

• Declared monthly dividend: Dynacor announced a monthly dividend of C$0.0133 per share with an ex-dividend date of April 9 and record/payment date of April 17, implying an annualized yield of about 2.6%.
• Recent results and valuation: Dynacor reported quarterly EPS of C$0.23 on revenue of C$183.43M (net margin 5.35%, ROE 16.72%), analysts forecast FY EPS of C$0.43, and the stock trades near C$6.06 with a market cap of C$254M and a P/E of ~12.1.

Dynacor Group Inc. (TSE:DNG - Get Free Report) declared a monthly dividend on Thursday, April 9th, TickerTech Dividends reports. Investors of record on Friday, April 17th will be paid a dividend of 0.0133 per share on Friday, April 17th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, April 9th.

Dynacor Group Trading Up 1.0%

Shares of DNG stock opened at C$6.06 on Tuesday. The company has a quick ratio of 3.50, a current ratio of 3.69 and a debt-to-equity ratio of 0.38. The company has a market capitalization of C$254.17 million, a P/E ratio of 12.12 and a beta of 0.78. Dynacor Group has a 12-month low of C$4.00 and a 12-month high of C$7.08. The firm has a 50-day moving average price of C$6.07 and a 200 day moving average price of C$5.40.

Dynacor Group (TSE:DNG - Get Free Report) last posted its quarterly earnings data on Thursday, March 26th. The company reported C$0.23 earnings per share for the quarter. The firm had revenue of C$183.43 million during the quarter. Dynacor Group had a net margin of 5.35% and a return on equity of 16.72%. Research analysts forecast that Dynacor Group will post 0.43 earnings per share for the current fiscal year.

Dynacor Group Company Profile

Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru.

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