Kumba Iron Ore Limited (OTCMKTS:KIROY) Raises Dividend to $0.36 Per Share

Kumba Iron Ore Limited (OTCMKTS:KIROY) announced a dividend on Wednesday, February 19th, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.3586 per share on Thursday, March 27th. The ex-dividend date is Friday, March 14th. This is a positive change from Kumba Iron Ore’s previous dividend of $0.25.

Kumba Iron Ore Stock Up 3.5 %

OTCMKTS KIROY traded up $0.24 on Thursday, reaching $7.03. 1,433 shares of the company’s stock traded hands, compared to its average volume of 2,030. Kumba Iron Ore has a 12 month low of $5.57 and a 12 month high of $10.15. The stock has a 50-day simple moving average of $6.32 and a 200 day simple moving average of $6.58.

About Kumba Iron Ore

Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.