Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.45 and traded as high as $6.63. Kumba Iron Ore shares last traded at $6.63, with a volume of 57,720 shares.
Kumba Iron Ore Stock Down 0.9 %
The business has a 50 day moving average price of $6.47 and a 200 day moving average price of $6.56.
Kumba Iron Ore Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be given a dividend of $0.3586 per share. This is an increase from Kumba Iron Ore’s previous dividend of $0.25. The ex-dividend date is Friday, March 14th.
Kumba Iron Ore Company Profile
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.
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