Kenmare Resources plc (LON:KMR) Plans Dividend of $0.15

Kenmare Resources plc (LON:KMR) announced a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 19th will be given a dividend of $0.15 per share on Friday, October 11th. This represents a dividend yield of 3.57%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be seen at this link.

Kenmare Resources Price Performance

Kenmare Resources stock opened at GBX 329.50 ($4.35) on Wednesday. The company has a market cap of £294.01 million, a P/E ratio of 465.94, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. Kenmare Resources has a one year low of GBX 291 ($3.84) and a one year high of GBX 437 ($5.77). The business has a fifty day moving average of GBX 333.30 and a two-hundred day moving average of GBX 331.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.22 and a current ratio of 5.63.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “hold” rating and set a GBX 420 ($5.55) price objective on shares of Kenmare Resources in a report on Tuesday, August 13th.

Kenmare Resources Company Profile

Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon and mineral sand concentrates.