Lucara Diamond Corp (TSE:LUC) declared a quarterly dividend on Thursday, December 6th, TickerTech reports. Shareholders of record on Thursday, December 20th will be paid a dividend of 0.025 per share on Thursday, December 20th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 5.29%. The ex-dividend date of this dividend is Thursday, December 6th.
Shares of LUC opened at C$1.89 on Friday. Lucara Diamond has a 52-week low of C$1.78 and a 52-week high of C$2.91.
LUC has been the topic of several research reports. Berenberg Bank reissued a “sell” rating and set a C$1.80 price target on shares of Lucara Diamond in a research report on Thursday, September 20th. BMO Capital Markets dropped their target price on Lucara Diamond from C$3.50 to C$2.75 in a research report on Thursday, August 23rd. Finally, Canaccord Genuity dropped their target price on Lucara Diamond from C$2.45 to C$2.40 in a research report on Thursday, November 22nd.
Lucara Diamond Corp., a diamond mining company, engages in the acquisition, exploration, development, and operation of diamond properties in Africa. It holds 100% interests in the Karowe mine covering an area of 15.3 km2, as well as three prospecting licenses located in Botswana. The company was formerly known as Bannockburn Resources Limited and changed its name to Lucara Diamond Corp.
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