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

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

Kumba Iron Ore Stock Up 3.5 %

OTCMKTS:KIROY opened at $7.03 on Friday. The company has a 50-day moving average price of $6.33 and a 200-day moving average price of $6.58. Kumba Iron Ore has a 12 month low of $5.57 and a 12 month high of $10.15.

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.