B2Gold Corp. (NYSE:BTG) Declares Quarterly Dividend of $0.02

B2Gold Corp. (NYSE:BTG) announced a quarterly dividend on Wednesday, November 5th. Stockholders of record on Tuesday, December 2nd will be paid a dividend of 0.02 per share on Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, December 2nd.

B2Gold has increased its dividend by an average of 0.5%per year over the last three years. B2Gold has a payout ratio of 16.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect B2Gold to earn $0.40 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 20.0%.

B2Gold Price Performance

Shares of BTG stock opened at $4.03 on Thursday. The firm has a market cap of $5.36 billion, a P/E ratio of -8.40, a P/E/G ratio of 0.33 and a beta of 0.45. B2Gold has a fifty-two week low of $2.20 and a fifty-two week high of $5.94. The business’s 50 day moving average price is $4.77 and its 200-day moving average price is $3.93. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83.

B2Gold (NYSE:BTG) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01. B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%.During the same quarter last year, the firm earned $0.02 EPS. The firm’s quarterly revenue was up 74.7% on a year-over-year basis. On average, equities research analysts anticipate that B2Gold will post 0.4 earnings per share for the current year.

B2Gold Company Profile

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.