Lundin Gold Inc. (OTCMKTS:LUGDF) Raises Dividend to $0.30 Per Share

Lundin Gold Inc. (OTCMKTS:LUGDF) announced a dividend on Friday, March 7th, investing.com reports. Shareholders of record on Wednesday, March 12th will be given a dividend of 0.3027 per share on Wednesday, March 26th. This represents a yield of 4.24%. The ex-dividend date is Tuesday, March 11th. This is a 52.1% increase from Lundin Gold’s previous dividend of $0.20.

Lundin Gold Trading Up 6.0 %

OTCMKTS LUGDF opened at C$30.26 on Friday. The company has a 50 day moving average price of C$25.33 and a two-hundred day moving average price of C$23.43. Lundin Gold has a 12-month low of C$12.45 and a 12-month high of C$30.26.

About Lundin Gold

Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 28 metallic mineral concessions and three construction material concessions covering an area of approximately 64,454 hectares located in Southeast Ecuador. It primary holds 100% interests in the Fruta del Norte gold project that comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.