MONTREAL, September 28, 2022 (GLOBE NEWSWIRE) — Dynacor Group Inc. (TSX: DNG) (Dynacor or the Corporation) Announcing monthly dividends. On October 19, 2022, shareholders of record as of the close of business on October 10, 2022 will be declared to pay a dividend of CAD $0.0083 per share of common stock.st) dividend and 21 (21st) monthly payments to shareholders.
Our monthly dividends are considered “qualifying dividends” for Canadian income tax purposes.
Dividend payments and increases are at the discretion of the Board and are subject to the Company’s financial results, cash requirements, outlook and other factors deemed relevant by the Board.
Dynacor is a dividend-paying industrial gold processor headquartered in Montreal, Canada. The company is engaged in the production of gold through the processing of ore purchased from the ASM (Artisan Small Scale Mining) industry. Dynacor now operates in Peru and its management and processing team has decades of experience with his ASM miners. It also owns a gold prospecting facility (Tumipampa) in the Apurimac division.
The company plans to expand its processing operations in other jurisdictions.
Dynacor produces environmentally and socially responsible gold through the PX IMPACT® Gold program. A growing number of fine jewelry, watchmakers and investment sector backers pay a small premium to our customers and strategic partners for his PXIMPACT® Gold. The premium provides direct investment to develop health and education projects for artisanal and small-scale miner communities.
Dynacor is listed on the Toronto Stock Exchange (DNG).
Certain statements set forth above are subject to known and unknown risks, uncertainties and other factors that could cause Dynacor’s actual results, performance or achievements, or industry results, to differ materially from any future results, performance or achievements. They may constitute forward-looking statements, including factors. or results expressed or implied by such forward-looking statements. These statements reflect management’s current expectations regarding future events and performance as of the date of this news release.
Shares Outstanding: 38,698,502
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Dynacor Declares October 2022 Monthly Dividend, The Canadian Business Journal
Source link Dynacor Declares October 2022 Monthly Dividend, The Canadian Business Journal