Challenger Limited (ASX:CGF) Increases Dividend to $0.14 Per Share

Challenger Limited (ASX:CGF) announced a final dividend on Wednesday, August 14th, MarketIndexAU reports. Investors of record on Tuesday, September 17th will be given a dividend of 0.135 per share on Tuesday, September 17th. This represents a yield of 1.87%. The ex-dividend date of this dividend is Sunday, August 25th. This is a positive change from Challenger’s previous final dividend of $0.12.

Challenger Stock Performance

The company has a debt-to-equity ratio of 192.89, a quick ratio of 1.70 and a current ratio of 1.83.

Challenger Company Profile

Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds. The firm invests into the public equity markets across the world. Challenger Limited was founded in 1985 and is based in Australia, Asia and United Kingdom.