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

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Monday, August 10th, TickerTech Dividends reports. Investors of record on Monday, August 17th will be paid a dividend of 0.0133 per share on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, August 10th.

Dynacor Group Stock Up 2.1%

Dynacor Group stock opened at C$6.68 on Friday. Dynacor Group has a one year low of C$4.20 and a one year high of C$7.08. The stock has a fifty day moving average of C$6.29 and a 200 day moving average of C$6.18. The company has a debt-to-equity ratio of 0.36, a quick ratio of 3.50 and a current ratio of 4.28. The stock has a market cap of C$280.22 million, a PE ratio of 12.37 and a beta of 0.78.

Dynacor Group (TSE:DNG) last released its quarterly earnings results on Thursday, May 14th. The company reported C$0.24 earnings per share (EPS) for the quarter. Dynacor Group had a return on equity of 17.72% and a net margin of 4.98%.The business had revenue of C$214.23 million during the quarter. As a group, sell-side analysts predict that Dynacor Group will post 0.43 EPS 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.