DRDGOLD Limited (NYSE:DRD) announced a Semi-Annual dividend on Monday, September 13th, Zacks reports. Stockholders of record on Thursday, September 23rd will be paid a dividend of 0.216 per share by the basic materials company on Thursday, October 7th. The ex-dividend date is Wednesday, September 22nd.
DRDGOLD has raised its dividend payment by 1,278.5% over the last three years.
Shares of DRD stock opened at $9.28 on Wednesday. The firm has a 50 day moving average of $9.83 and a 200-day moving average of $10.36. DRDGOLD has a 52 week low of $8.73 and a 52 week high of $14.03. The company has a market cap of $802.34 million, a price-to-earnings ratio of 17.85 and a beta of 1.18.
Several analysts recently issued reports on DRD shares. Zacks Investment Research raised shares of DRDGOLD from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research report on Tuesday. HC Wainwright reduced their price target on shares of DRDGOLD from $19.25 to $18.25 and set a “buy” rating for the company in a research report on Thursday, August 26th.
DRDGOLD Ltd. engages in the business of retreatment of surface gold. It operates through the following segments: Ergo, FWGR, and Other Reconciling Items. The Ergo segment treats slime dams and sand dumps to the south of Johannesburg’s central business district as well as the East and Central Rand goldfields.
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