NEW YORK (TheStreet) — The ex-dividend date for Kinross Gold Corporation (NYSE:KGC) is tomorrow, March 22, 2011. Owners of shares as of market close today will be eligible for a dividend of five cents per share. At a price of $15.06 as of 9:31 a.m. ET, the dividend yield is 0.7%.
The average volume for Kinross has been 6.7 million shares per day over the past 30 days. Kinross has a market cap of $16.5 billion and is part of the basic materials sector and metals & mining industry. Shares are down 22.3% year to date as of the close of trading on Friday.
Kinross Gold Corporation, together with its subsidiaries, engages in the gold mining and related activities. The company also involves in the exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ores, and reclamation of gold mining properties. The company has a P/E ratio of 15.6, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 15.8.
