Make Kitco Your Homepage

DRDGOLD declares dividend

Kitco News

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - South African gold miner DRDGOLD (JSE:DRD) declared a cash dividend of 25 South African cents per ordinary share on Friday.

The dividend has been declared out of income reserves. DRDGOLD currently has 864,588,711 ordinary shares in issue.

Last week, the company reported an 18% quarter on quarter increase in adjusted EBITDA to R389.3 million (US$21 million) off of higher realized gold prices.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News