Kumba Iron Ore Ltd. (OTCMKTS:KIROY - Get Free Report) announced a dividend on Tuesday, August 19th, investing.com reports. Shareholders of record on Monday, August 25th will be given a dividend of 0.2254 per share on Thursday, September 4th. This represents a yield of 859.0%. The ex-dividend date of this dividend is Friday, August 22nd.
Kumba Iron Ore Stock Performance
KIROY stock traded down $0.06 during trading hours on Friday, hitting $5.60. The company's stock had a trading volume of 3,635 shares, compared to its average volume of 3,139. Kumba Iron Ore has a 12 month low of $4.78 and a 12 month high of $7.8950. The stock has a 50 day moving average price of $5.71 and a two-hundred day moving average price of $5.89.
Analyst Ratings Changes
Separately, HSBC downgraded shares of Kumba Iron Ore to a "hold" rating in a research report on Monday, July 28th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold".
Read Our Latest Analysis on KIROY
Kumba Iron Ore Company Profile
(
Get Free Report)
Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.
See Also
Before you consider Kumba Iron Ore, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kumba Iron Ore wasn't on the list.
While Kumba Iron Ore currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
