ASA Gold and Precious Metals Limited (NYSE:ASA) Plans Dividend of $0.05

ASA Gold and Precious Metals Limited (NYSE:ASA) declared a dividend on Friday, October 16th. Stockholders of record on Thursday, November 5th will be given a dividend of $0.05 per share by the investment management company on Thursday, November 12th. This represents a dividend yield of 19.0%. The ex-dividend date is Thursday, November 5th.

ASA Gold and Precious Metals Price Performance

ASA Gold and Precious Metals stock opened at $49.41 on Tuesday. The company’s 50 day simple moving average is $56.90 and its 200 day simple moving average is $61.12. ASA Gold and Precious Metals has a fifty-two week low of $44.00 and a fifty-two week high of $83.20.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of ASA Gold and Precious Metals from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

ASA Gold and Precious Metals Company Profile

ASA Gold and Precious Metals Limited (NYSE:ASA) is a closed-end investment company focused on the precious-metals sector. The company seeks long-term capital appreciation by investing primarily in publicly traded businesses involved in the exploration, development, and production of gold, silver, platinum-group metals, and diamonds.

Rather than operating mines or selling physical metals, ASA provides investors with portfolio exposure to companies across the precious-metals industry. Its investments may include mining, exploration, and royalty businesses located in established and emerging mining regions around the world.

The company traces its origins to 1958 and has historically operated as a specialist investment vehicle for precious-metals equities.