Ariadne Australia Limited (ASX:ARA) Announces Interim Dividend of $0.01

Ariadne Australia Limited (ASX:ARA) announced a interim dividend on Monday, March 3rd, MarketIndexAU Dividends reports. Investors of record on Wednesday, March 26th will be paid a dividend of 0.005 per share on Wednesday, March 26th. This represents a yield of 1%. The ex-dividend date is Thursday, March 13th. This is an increase from Ariadne Australia’s previous interim dividend of $0.003.

Ariadne Australia Price Performance

The stock has a market cap of $99.04 million, a price-to-earnings ratio of 0.50 and a beta of 0.36. The company has a current ratio of 2.14, a quick ratio of 2.04 and a debt-to-equity ratio of 10.68.

About Ariadne Australia

Ariadne Australia Limited, together with its subsidiaries, operates as an investment company in Australia and New Zealand. It operates through Investments and Property segments. The company invests in securities, as well as provides financial services. It also invests in and develops residential properties, as well as engages in marina management activities.