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

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Friday, October 9th. Stockholders of record on Monday, October 19th will be paid a dividend of $0.0133 per share on Monday, October 19th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, October 9th.

Dynacor Group Stock Up 1.8%

DNG opened at C$5.15 on Wednesday. The firm has a 50 day moving average price of C$5.79 and a 200 day moving average price of C$6.00. The company has a market cap of C$216.04 million, a PE ratio of 10.51 and a beta of 0.89. Dynacor Group has a 1 year low of C$4.20 and a 1 year high of C$7.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.50 and a current ratio of 3.60.

Dynacor Group (TSE:DNG) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$205.19 million for the quarter. Dynacor Group had a net margin of 3.96% and a return on equity of 15.46%. Sell-side analysts expect 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.