B2Gold Corp (NYSEAMERICAN:BTG – Get Free Report) (TSE:BTO) announced a quarterly dividend on Wednesday, November 4th. Investors of record on Wednesday, December 2nd will be paid a dividend of $0.02 per share by the basic materials company on Tuesday, December 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Wednesday, December 2nd.
B2Gold has a payout ratio of 16.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect B2Gold to earn $0.79 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 10.1%.
B2Gold Price Performance
NYSEAMERICAN:BTG opened at $5.27 on Friday. B2Gold has a 52-week low of $3.57 and a 52-week high of $6.28. The stock has a fifty day moving average of $5.23 and a 200 day moving average of $4.84. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.58 and a current ratio of 1.58. The firm has a market capitalization of $6.94 billion, a price-to-earnings ratio of 10.87, a P/E/G ratio of 0.29 and a beta of 0.64.
B2Gold (NYSEAMERICAN:BTG – Get Free Report) (TSE:BTO) last announced its earnings results on Wednesday, November 4th. The basic materials company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. B2Gold had a return on equity of 16.66% and a net margin of 31.33%. The business had revenue of $836.00 million for the quarter, compared to analyst estimates of $822.76 million. On average, research analysts expect that B2Gold will post 0.56 EPS for the current fiscal year.
About B2Gold
B2Gold Corp. is a Canadian gold mining company engaged in the acquisition, development and operation of gold mines and exploration properties. The company’s activities include mineral exploration, mine development, ore processing and the production and sale of gold.
B2Gold’s principal producing assets have included the Fekola Complex in Mali and the Masbate Mine in the Philippines. The company has also operated the Otjikoto Mine in Namibia and has pursued additional growth through exploration and project development in several jurisdictions.
Founded in 2007 and headquartered in Vancouver, British Columbia, B2Gold expanded from an exploration-focused business into an international gold producer.
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