Dynacor Group Inc. (DNG) to Distribute Monthly Dividend of $0.01 on August 17th

Dynacor Group Inc. (TSE:DNG) declared 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) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, August 10th.

Dynacor Group Price Performance

Shares of TSE:DNG opened at C$6.68 on Friday. The company’s 50-day moving average is C$6.29 and its 200 day moving average is C$6.18. Dynacor Group has a fifty-two week low of C$4.20 and a fifty-two week high of C$7.08. The company has a market capitalization of C$280.22 million, a P/E ratio of 12.37 and a beta of 0.78. The company has a debt-to-equity ratio of 0.36, a quick ratio of 3.50 and a current ratio of 4.28.

Dynacor Group (TSE:DNG) last released its quarterly earnings data on Thursday, May 14th. The company reported C$0.24 earnings per share for the quarter. Dynacor Group had a net margin of 4.98% and a return on equity of 17.72%. The business had revenue of C$214.23 million during the quarter. On average, equities research analysts forecast that Dynacor Group will post 0.43 earnings per share 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.