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MONTREAL - Dynacor Group Inc. (TSX:DNG) will pay a monthly dividend of C$0.01333 per common share on August 19, 2025, the company announced Thursday. The dividend represents a 3.29% yield at current share prices. Shareholders of record as of the close of business on August 11, 2025, will be eligible for the payment.
This marks Dynacor’s sixty-fifth dividend overall and fifty-fifth monthly dividend payment to shareholders. According to InvestingPro data, the company has maintained a consistent dividend growth streak for seven consecutive years. The company noted that the dividend qualifies as an eligible dividend for Canadian income tax purposes.
Dynacor, an industrial ore processing company focused on producing gold sourced from artisanal miners, operates the Veta Dorada plant and owns a gold exploration property in Peru. The company, which reported revenue growth of 13.57% in the last twelve months, has indicated plans to expand operations to West Africa and within Latin America.
The corporation’s board maintains discretion over dividend payments, which depend on financial results, cash requirements, and other relevant factors, according to the press release statement.
Established in 1996, Dynacor describes its business model as creating a responsible mineral supply chain with traceability standards for the artisanal mining industry, working with fully and part-formalized miners.
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