Dynacor Group Inc. (DNG) to Issue Monthly Dividend of $0.01 on September 17th

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Wednesday, September 9th. Stockholders of record on Thursday, September 17th will be given a dividend of 0.0133 per share on Thursday, September 17th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Wednesday, September 9th.

Dynacor Group Stock Performance

Shares of Dynacor Group stock opened at C$5.78 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.60 and a quick ratio of 3.50. The firm has a fifty day moving average price of C$6.11 and a 200 day moving average price of C$6.13. Dynacor Group has a 1 year low of C$4.20 and a 1 year high of C$7.08. The stock has a market cap of C$242.47 million, a PE ratio of 11.80 and a beta of 0.75.

Dynacor Group (TSE:DNG) last posted its earnings results on Thursday, August 13th. The company reported C$0.04 earnings per share (EPS) for the quarter. The company had revenue of C$205.19 million during the quarter. Dynacor Group had a net margin of 3.96% and a return on equity of 15.46%. Equities research analysts predict that Dynacor Group will post 0.43 earnings per share for the current 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.