Northern Star Resources Limited (ASX:NST) to Issue Dividend Increase – $0.25 Per Share

Northern Star Resources Limited (ASX:NST) declared a interim dividend on Friday, February 14th,MarketIndexAU Dividends reports. Investors of record on Wednesday, March 26th will be paid a dividend of 0.25 per share on Wednesday, March 26th. This represents a yield of 1.35%. The ex-dividend date is Tuesday, March 4th. This is a positive change from Northern Star Resources’s previous interim dividend of $0.15.

Northern Star Resources Stock Performance

The stock has a market cap of $20.96 billion, a PE ratio of 32.96, a PEG ratio of 2.05 and a beta of 0.75. The company has a debt-to-equity ratio of 15.29, a current ratio of 2.57 and a quick ratio of 0.91.

Insider Activity at Northern Star Resources

In other news, insider Marnie Finlayson purchased 2,962 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were acquired at an average price of A$16.20 ($10.32) per share, for a total transaction of A$47,984.40 ($30,563.31). 0.19% of the stock is currently owned by corporate insiders.

Northern Star Resources Company Profile

Northern Star Resources Limited engages in the exploration, development, mining, and processing of gold deposits. It also sells refined gold. It operates in Western Australia, the Northern Territory, and Alaska. The company was incorporated in 2000 and is headquartered in Subiaco, Australia.