Perseus Mining Limited (ASX:PRU) to Issue Dividend Increase – $0.03 Per Share

Perseus Mining Limited (ASX:PRU) announced a interim dividend on Tuesday, February 25th, MarketIndexAU Dividends reports. Shareholders of record on Monday, April 7th will be paid a dividend of 0.025 per share on Monday, April 7th. This represents a yield of 0.83%. The ex-dividend date of this dividend is Sunday, March 9th. This is an increase from Perseus Mining’s previous interim dividend of $0.01.

Perseus Mining Stock Performance

The firm has a market cap of $3.88 billion, a PE ratio of 7.92 and a beta of 0.99.

Insider Activity at Perseus Mining

In other news, insider Jeffrey(Jeff) Quartermaine purchased 677,285 shares of the company’s stock in a transaction that occurred on Thursday, November 28th. The shares were bought at an average price of A$2.62 ($1.67) per share, for a total transaction of A$1,774,486.70 ($1,130,246.31). 0.78% of the stock is owned by corporate insiders.

About Perseus Mining

Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in West Africa. The company holds interests in the Edikan gold mine project located in Ghana; and the Sissingué and Yaouré gold mine projects located in Republic of Côte d'Ivoire.