Dividend Growth of Nevsun Resources Ltd(NSU)

Nevsun Resources Ltd(NSU) is having a Dividend Yield of 5.14% with the Annual cash Dividend per share of $0.16. The last quarter cash dividend per share pay out was $0.04. Nevsun Resources Ltd has a 5 year average dividend yield of 3.96% and the stock has a Indicated annual dividend of $0.16. Nevsun Resources Ltd(NSU) formally announced its most recent dividend on December 12, 2016 with a Dividend per share of $0.04. The new indicated annual dividend based on announced dividend per share is $0.16. The dividend yield based on the forward looking indicated annual dividend is 5.14%. Nevsun Resources Ltd(NSU) has the most recent dividend payout ratio of 2 with a 5-year average payout ratio of 0.87. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 1.13. The 5 year historical dividend growth of Nevsun Resources Ltd(NSU) is at the rate of 12.13% while the R-Squared dividend growth is 0.79. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Nevsun Resources Ltd (NYSEMKT:NSU) witnessed a decline in the market cap on Thursday as its shares dropped 0.64% or 0.02 points. After the session commenced at $3.13, the stock reached the higher end at $3.13 while it hit a low of $3.07. With the volume soaring to 743,603 shares, the last trade was called at $3.09. The company has a 52-week high of $3.8. The company has a market cap of $928 million and there are 300,465,680 shares in outstanding. The 52-week low of the share price is $2.68. Nevsun Resources Ltd. has lost 0.96% in the last five trading days and dropped 3.44% in the last 4 weeks. Nevsun Resources Ltd. is up 0.95% in the last 3-month period. Year-to-Date the stock performance stands at 0%.

Institutional Investors own 27.4% of Nevsun Resources Ltd shares.

NEVSUN RESOURCES LTD., is a natural resource company engaged in the acquisition, exploration, development and production of mineral properties. The Companys portfolio is focused on properties in Africa with gold and base metal (copper and zinc) resources/reserves. The Companys principal mineral properties are the Bisha property located in Eritrea, North-East Africa.


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