B2Gold Corp (NYSEAMERICAN:BTG) Shareholders to Receive $0.02 Quarterly Dividend

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) declared a quarterly dividend on Wednesday, November 4th. Investors of record on Wednesday, December 2nd will be given a dividend of $0.02 per share by the basic materials company on Tuesday, December 15th. This represents a $0.08 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, December 2nd.

B2Gold has a payout ratio of 16.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect B2Gold to earn $0.84 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 9.5%.

B2Gold Stock Up 3.8%

NYSEAMERICAN BTG traded up $0.20 during trading hours on Thursday, hitting $5.30. The company had a trading volume of 16,870,370 shares, compared to its average volume of 29,369,367. B2Gold has a fifty-two week low of $3.57 and a fifty-two week high of $6.28. The company has a market capitalization of $6.99 billion, a price-to-earnings ratio of 9.66, a P/E/G ratio of 0.29 and a beta of 0.64. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 0.58. The firm’s 50 day moving average is $5.24 and its 200 day moving average is $4.84.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last issued its quarterly earnings data on Wednesday, November 4th. The basic materials company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. B2Gold had a return on equity of 17.05% and a net margin of 21.47%. The company had revenue of $836.00 million for the quarter, compared to analysts’ expectations of $822.76 million. Sell-side analysts anticipate that B2Gold will post 0.52 earnings per share for the current fiscal year.

B2Gold Company Profile

B2Gold Corp. is a Canadian gold mining company engaged in the acquisition, development and operation of gold mines and exploration properties. The company’s activities include mineral exploration, mine development, ore processing and the production and sale of gold.

B2Gold’s principal producing assets have included the Fekola Complex in Mali and the Masbate Mine in the Philippines. The company has also operated the Otjikoto Mine in Namibia and has pursued additional growth through exploration and project development in several jurisdictions.

Founded in 2007 and headquartered in Vancouver, British Columbia, B2Gold expanded from an exploration-focused business into an international gold producer.