Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.45 and traded as high as $6.63. Kumba Iron Ore shares last traded at $6.63, with a volume of 57,720 shares changing hands.
Kumba Iron Ore Price Performance
The business’s 50-day simple moving average is $6.45 and its two-hundred day simple moving average is $6.56.
Kumba Iron Ore Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be issued a $0.3586 dividend. This is a boost from Kumba Iron Ore’s previous dividend of $0.25. The ex-dividend date of this dividend is Friday, March 14th.
Kumba Iron Ore Company Profile
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.
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