OTCMKTS:NNDIF

Noranda Income Fund (NNDIF) Stock Price, News & Analysis

$1.42
0.00 (0.00%)
(As of 03/17/2023)
Today's Range
$1.42
$1.42
50-Day Range
$1.42
$1.42
52-Week Range
$0.28
$1.48
Volume
N/A
Average Volume
132,894 shs
Market Capitalization
N/A
P/E Ratio
8.57
Dividend Yield
35.21%
Price Target
N/A
NNDIF stock logo

About Noranda Income Fund Stock (OTCMKTS:NNDIF)

Noranda Income Fund (''Fund'') is an income trust whose units trade on the TSX under the symbol ''NIF.UN''. The Fund owns the electrolytic zinc processing facility and ancillary assets(''the Processing Facility'') located in Salaberry-de-Valleyfield, Québec. The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern North America , where the majority of zinc customers are located. Zinc concentrate is supplied to the Processing Facility by Glencore Canada Corporation (''Glencore Canada'') under an agreement that will last until 2017. The Fund is paid a processing fee for refining the zinc, and it earns additional revenue through zinc metal premiums, by-product credits and metal recovery gains. The Fund's primary objective is to provide stable, monthly distributions.

NNDIF Stock Price History

NNDIF Stock News Headlines

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IIROC Trading Halt - NIF.UN
IIROC Trade Resumption - NIF.UN
Noranda Income Fund Announces Third Quarter 2022 Results
See More Headlines
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Industry, Sector and Symbol

Industry
Investment Trusts & Mutual Funds
Sub-Industry
N/A
Current Symbol
OTCMKTS:NNDIF
CIK
N/A
Fax
N/A
Employees
538
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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NNDIF Stock Analysis - Frequently Asked Questions

How have NNDIF shares performed in 2024?

Noranda Income Fund's stock was trading at $1.42 at the beginning of 2024. Since then, NNDIF stock has increased by 0.0% and is now trading at $1.42.
View the best growth stocks for 2024 here
.

Is Noranda Income Fund a good dividend stock?

Noranda Income Fund (OTCMKTS:NNDIF) pays an annual dividend of $0.50 per share and currently has a dividend yield of 22.66%. NNDIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 301.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of Noranda Income Fund?

Shares of NNDIF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:NNDIF) was last updated on 4/23/2024 by MarketBeat.com Staff

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