Mount Gibson Iron Limited Announces Final Dividend of $0.04 (ASX:MGX)

Mount Gibson Iron Limited (ASX:MGX) declared a final dividend on Thursday, August 22nd, MarketIndexAU reports. Stockholders of record on Thursday, September 26th will be given a dividend of 0.04 per share on Thursday, September 26th. This represents a dividend yield of 5.48%. The ex-dividend date is Tuesday, September 3rd.

ASX:MGX opened at A$0.73 ($0.52) on Thursday. The firm has a market capitalization of $823.71 million and a PE ratio of 12.59. The stock has a 50 day moving average of A$0.85 and a 200-day moving average of A$0.96. Mount Gibson Iron has a 52 week low of A$0.44 ($0.31) and a 52 week high of A$1.31 ($0.93).

About Mount Gibson Iron

Mount Gibson Iron Limited, together with its subsidiaries, engages in the mining, exploration, crushing, transportation, and sale of hematite iron ore deposits in Australia. The company primarily operates the Koolan Island mine located in the Kimberley coast of Western Australia; and the Extension Hill/Iron Hill mine located in the Mount Gibson range in the mid-west region of Western Australia.

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