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

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Thursday, October 10th, Zacks reports. Shareholders of record on Thursday, October 17th will be given a dividend of 0.012 per share on Thursday, October 17th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Thursday, October 10th.

Dynacor Group Price Performance

Dynacor Group stock opened at C$5.48 on Wednesday. The stock has a market capitalization of C$199.31 million, a price-to-earnings ratio of 9.79 and a beta of 1.09. Dynacor Group has a 52-week low of C$3.14 and a 52-week high of C$5.75. The stock’s 50 day moving average price is C$5.15 and its two-hundred day moving average price is C$5.20. The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.50 and a current ratio of 4.66.

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

Analyst Upgrades and Downgrades

Separately, Singular Research raised Dynacor Group to a “strong-buy” rating in a research report on Sunday, June 16th.

About Dynacor Group

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.