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

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Thursday, March 28th, Zacks reports. Shareholders of record on Wednesday, April 10th will be given a dividend of 0.012 per share on Thursday, April 18th. This represents a $0.14 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date is Tuesday, April 9th.

Dynacor Group Trading Up 3.8 %

DNG opened at C$4.62 on Friday. Dynacor Group has a 52 week low of C$2.88 and a 52 week high of C$4.66. The company has a quick ratio of 3.50, a current ratio of 5.07 and a debt-to-equity ratio of 0.73. The stock’s fifty day moving average is C$4.03 and its two-hundred day moving average is C$3.70. The company has a market capitalization of C$168.77 million, a P/E ratio of 9.06 and a beta of 1.13.

Dynacor Group (TSE:DNG) last announced its quarterly earnings results on Tuesday, March 26th. The company reported C$0.12 earnings per share (EPS) for the quarter. Dynacor Group had a return on equity of 17.97% and a net margin of 6.46%. The business had revenue of C$89.25 million for the quarter. Analysts forecast that Dynacor Group will post 0.43 earnings per share for the current year.

Dynacor Group Company Profile

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. It explores for gold, silver, copper, and other precious metals deposits. The company holds interest in the Tumipampa property covering an area of 7,696 hectares located in Peru. It also holds a 100% interest in the greenfield Anta project that includes eight concessions covering an area of 5,600 hectares situated in Southern Peru.