Lundin Gold Inc. (TSE:LUG) Plans Quarterly Dividend of $0.91

Lundin Gold Inc. (TSE:LUGGet Free Report) declared a quarterly dividend on Wednesday, June 10th, TickerTech Dividends reports. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.91 per share on Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Wednesday, June 10th.

Lundin Gold Price Performance

Shares of LUG opened at C$78.01 on Monday. Lundin Gold has a 1 year low of C$62.55 and a 1 year high of C$130.98. The company has a market capitalization of C$18.87 billion, a price-to-earnings ratio of 20.69 and a beta of 1.52. The business has a 50-day moving average of C$98.30 and a 200-day moving average of C$107.73.

Lundin Gold (TSE:LUGGet Free Report) last released its earnings results on Thursday, May 7th. The company reported C$1.57 EPS for the quarter. Lundin Gold had a return on equity of 68.29% and a net margin of 45.73%.The business had revenue of C$788.83 million during the quarter. As a group, sell-side analysts anticipate that Lundin Gold will post 2.5603448 EPS for the current year.

Lundin Gold Company Profile

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Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world. The Company’s board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.

Further Reading

Dividend History for Lundin Gold (TSE:LUG)

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