Important Dividends: Dominion Diamond Corporation (NYSE:DDC) expected to pay $0.20 on Nov 3, 2016

Important Dividends: Dominion Diamond Corporation (NYSE:DDC) expected to pay $0.20 on Nov 3, 2016

Dominion Diamond Corporation (NYSE:DDC) is expected to pay $0.20 on Nov 3, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Oct 6, 2016 will be eligible to receive the payout. Based on Dominion Diamond Corporation’s current price of $9.04, the dividend is 2.21%. This dividend’s record date is Oct 11, 2016 and the announcement date is Sep 9, 2016. The stock decreased 5.04% or $0.48 on October 4, hitting $9.04. Dominion Diamond Corp (NYSE:DDC) has declined 15.83% since March 2, 2016 and is downtrending. It has underperformed by 24.09% the S&P500.

Dominion Diamond Corporation is a diamond mining company. The company has a market cap of $753.60 million. The Firm is focused on the mining and marketing of rough diamonds to the global market. It currently has negative earnings. The Company’s divisions include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment.

Dominion Diamond Corp (NYSE:DDC) Ratings Coverage

Out of 3 analysts covering Dominion Diamond Corp (NYSE:DDC), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $18.50 is the highest target while $10 is the lowest. The $14.91 average target is 64.93% above today’s ($9.04) stock price. Dominion Diamond Corp has been the topic of 10 analyst reports since August 25, 2015 according to StockzIntelligence Inc. As per Monday, September 14, the company rating was maintained by RBC Capital Markets. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, June 13. The company was upgraded on Tuesday, August 25 by Zacks. On Wednesday, September 21 the stock rating was upgraded by Barclays Capital to “Overweight”. The company was upgraded on Monday, August 31 by Zacks. Citigroup maintained the shares of DDC in a report on Monday, October 19 with “Buy” rating.

More important recent Dominion Diamond Corp (NYSE:DDC) news were published by: Finance.Yahoo.com which released: “Dominion Diamond Corporation Announces Appointment of Two New Directors” on August 16, 2016, also Businesswire.com published article titled: “Dominion Diamond Corporation Director Robert Gannicott Passes Away at the Age …”, Bloomberg.com published: “Dominion Diamond to Explore Sale as Shareholders Revolt” on December 22, 2015. More interesting news about Dominion Diamond Corp (NYSE:DDC) was released by: Businesswire.com and their article: “Dominion Diamond Corporation Announces Appointment of Chief Financial Officer” with publication date: September 08, 2016.

DDC Company Profile

Dominion Diamond Corporation, incorporated on March 26, 2013, is a diamond mining firm with ownership interests in approximately two producing diamond mines. The Firm is focused on the mining and marketing of rough diamonds to the global market. The Company’s divisions include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment. The Firm supplies rough diamonds to the global market from its operation of the Ekati Diamond Mine (in which it owns a controlling interest) and its approximately 40% ownership interest in the Diavik Diamond Mine. Both mineral properties are located at Lac de Gras in Canada’s Northwest Territories.

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