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

Dynacor Group logo with Basic Materials background

Key Points

  • Dynacor Group Inc. has declared a monthly dividend of $0.01 per share, with an annualized yield of 3.1%.
  • The company's shares recently traded at C$5.08, reflecting a trading volume above its average.
  • Dynacor operates primarily in Peru, focusing on gold ore processing sourced from the artisanal and small-scale mining industry.
  • Looking to Export and Analyze Dynacor Group Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Dynacor Group Inc. (TSE:DNG - Get Free Report) declared a monthly dividend on Monday, August 11th, TickerTech Dividends reports. Investors of record on Tuesday, August 19th will be paid a dividend of 0.0133 per share on Tuesday, August 19th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, August 11th.

Dynacor Group Stock Performance

Shares of DNG stock traded up C$0.06 during mid-day trading on Friday, reaching C$5.08. The stock had a trading volume of 141,306 shares, compared to its average volume of 83,350. The business's fifty day moving average is C$4.64 and its 200-day moving average is C$4.95. The company has a current ratio of 4.36, a quick ratio of 3.50 and a debt-to-equity ratio of 0.59. The firm has a market cap of C$150.22 million, a price-to-earnings ratio of 7.13 and a beta of 1.09. Dynacor Group has a 1-year low of C$4.00 and a 1-year high of C$6.25.

About Dynacor Group

(Get Free Report)

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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Dividend History for Dynacor Group (TSE:DNG)

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.

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