Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.45 and traded as high as $6.63. Kumba Iron Ore shares last traded at $6.63, with a volume of 57,720 shares.
Kumba Iron Ore Stock Performance
The firm has a 50 day moving average of $6.48 and a two-hundred day moving average of $6.55.
Kumba Iron Ore Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be paid a $0.3586 dividend. This is an increase from Kumba Iron Ore's previous dividend of $0.25. The ex-dividend date of this dividend is Friday, March 14th.
About Kumba Iron Ore
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Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.
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