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

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Thursday, April 25th, Zacks reports. Stockholders of record on Wednesday, May 8th will be given a dividend of 0.012 per share on Thursday, May 16th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend is Tuesday, May 7th.

Dynacor Group Stock Performance

Shares of DNG opened at C$5.15 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.95 and a quick ratio of 3.50. Dynacor Group has a one year low of C$2.88 and a one year high of C$5.21. The company has a 50-day simple moving average of C$4.45 and a two-hundred day simple moving average of C$3.98. The firm has a market capitalization of C$188.08 million, a PE ratio of 9.72 and a beta of 1.13.

Dynacor Group (TSE:DNG) last issued its quarterly earnings data on Tuesday, March 26th. The company reported C$0.12 EPS for the quarter. Dynacor Group had a net margin of 6.02% and a return on equity of 17.74%. The business had revenue of C$89.25 million during the quarter. On average, analysts anticipate that Dynacor Group will post 0.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Atrium Research reiterated a “buy” rating on shares of Dynacor Group in a report on Wednesday, April 3rd.

About Dynacor Group

Dynacor Group Inc explores, develops, and mines minerals properties in Peru. It explores for gold, silver, copper, and other precious metals. The company's flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru. It also holds a 100% interest in the greenfield Anta project that includes eight concessions covering an area of 5,600 hectares situated in the district of San Pedro, Peru.