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

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Tuesday, October 29th, Zacks reports. Shareholders of record on Friday, November 8th will be paid a dividend of 0.012 per share on Tuesday, November 19th. This represents a $0.14 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend is Friday, November 8th.

Dynacor Group Stock Performance

Shares of TSE:DNG traded down C$0.06 on Wednesday, hitting C$5.64. 3,424 shares of the company were exchanged, compared to its average volume of 42,497. The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.50 and a current ratio of 4.66. The company’s 50 day moving average price is C$5.34 and its two-hundred day moving average price is C$5.32. Dynacor Group has a one year low of C$3.20 and a one year high of C$5.92. The firm has a market capitalization of C$205.13 million, a price-to-earnings ratio of 10.07 and a beta of 1.09.

Dynacor Group (TSE:DNG) last posted its quarterly earnings results on Wednesday, August 14th. The company reported C$0.16 EPS for the quarter. Dynacor Group had a return on equity of 16.93% and a net margin of 5.83%. The firm had revenue of C$92.26 million during the quarter, compared to analysts’ expectations of C$90.31 million. Research analysts expect that Dynacor Group will post 0.43 earnings per share for the current year.

Dynacor Group Company Profile

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. The company explores for gold, silver, copper, and other precious metal deposits. Its flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru.