Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as $4.82 and last traded at $5.10, with a volume of 7879 shares changing hands. The stock had previously closed at $5.77.
Kumba Iron Ore Price Performance
The business has a 50 day simple moving average of $6.54 and a 200-day simple moving average of $6.53.
Kumba Iron Ore Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were issued a $0.3586 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from Kumba Iron Ore’s previous dividend of $0.25.
About Kumba Iron Ore
Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.
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