Peet Limited (ASX:PPC – Get Rating) declared a interim dividend on Monday, March 20th, MarketIndexAU reports. Stockholders of record on Wednesday, April 12th will be given a dividend of 0.035 per share on Wednesday, April 12th. This represents a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, March 22nd. This is a boost from Peet's previous interim dividend of $0.02.
Peet Stock Performance
The company has a debt-to-equity ratio of 57.25, a quick ratio of 0.68 and a current ratio of 3.22.
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Peet Limited acquires, develops, and markets residential land in Australia. It operates through Funds Management, Company-Owned Projects, and Joint Arrangements segments. The Funds Management segment provides underwriting, capital raising, and asset identification services. The Company-Owned Projects segment acquires parcels of land primarily for residential development purpose, as well as produces non-residential blocks of land.
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