Nevsun Resources Ltd. (NSU) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, NSU shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent NSU share price of $3.62 represents a price-to-book ratio of 1.2 and an annual dividend yield of 3.87% — by comparison, the average metals and mining stock in Dividend Channel's coverage universe yields 2.1% and trades at a price-to-book ratio of 1.7. The report also cited the strong quarterly dividend history at Nevsun Resources Ltd., and favorable long-term multi-year growth rates in key fundamental data points.
NSU Added as Top 5 Metals Channel Dividend Stock With 3.87% Yield
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