Caledonia Mining Corporation Plc (CAL) to Issue $0.07 Quarterly Dividend
Caledonia Mining Corporation Plc (TSE:CAL) declared a quarterly dividend on Thursday, January 11th, TickerTech reports. Investors of record on Friday, January 26th will be paid a dividend of 0.0688 per share on Friday, January 26th. This represents a $0.28 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend is Thursday, January 11th.
Shares of Caledonia Mining (CAL) traded down C$0.05 during trading hours on Friday, reaching C$9.15. The company had a trading volume of 2,362 shares, compared to its average volume of 4,237. Caledonia Mining has a 52 week low of C$6.70 and a 52 week high of C$10.30. The stock has a market cap of $96.91, a P/E ratio of 10.28 and a beta of -0.10.
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Caledonia Mining Corporation Plc primarily engages in the exploration and development of gold properties. The company also explores for precious metals. It primarily holds a 49% interest in the Blanket Mine, a gold mine located in Zimbabwe. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016.
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