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

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Monday, March 10th, TickerTech Dividends reports. Investors of record on Wednesday, March 19th will be paid a dividend of 0.0133 per share on Wednesday, March 19th. This represents a $0.16 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend is Monday, March 10th.

Dynacor Group Stock Up 0.6 %

TSE:DNG opened at C$5.42 on Friday. Dynacor Group has a twelve month low of C$4.00 and a twelve month high of C$6.25. The firm has a market capitalization of C$160.28 million, a price-to-earnings ratio of 7.60 and a beta of 1.09. The company has a quick ratio of 3.50, a current ratio of 4.36 and a debt-to-equity ratio of 0.59. The stock’s 50 day moving average price is C$5.75 and its two-hundred day moving average price is C$5.61.

Insider Activity at Dynacor Group

In other news, Senior Officer Daniel Misiano bought 5,000 shares of the company’s stock in a transaction dated Thursday, February 6th. The shares were bought at an average cost of C$5.50 per share, with a total value of C$27,500.00. 18.59% of the stock is owned by company insiders.

About Dynacor Group

Dynacor, with 27 years of experience, is a Canadian-based dividend-paying industrial gold ore processor. The corporation is engaged in gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.