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

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Monday, March 10th, TickerTech Dividends reports. Shareholders of record on Wednesday, March 19th will be given 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 is Monday, March 10th.

Dynacor Group Stock Performance

DNG stock opened at C$5.42 on Friday. 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 firm has a market cap of C$160.28 million, a PE ratio of 7.60 and a beta of 1.09. The business has a 50 day moving average of C$5.75 and a 200-day moving average of C$5.61. Dynacor Group has a 12-month low of C$4.00 and a 12-month high of C$6.25.

Insiders Place Their Bets

In other news, Senior Officer Daniel Misiano acquired 5,000 shares of Dynacor Group stock in a transaction on Thursday, February 6th. The stock was acquired at an average cost of C$5.50 per share, with a total value of C$27,500.00. Insiders own 18.59% of the company’s stock.

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.