Lynch Group Holdings Limited (ASX:LGL) Raises Dividend to $0.05 Per Share

Lynch Group Holdings Limited (ASX:LGL) declared a interim dividend on Thursday, February 20th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, March 18th will be paid a dividend of 0.05 per share on Tuesday, March 18th. This represents a yield of 2.9%. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Lynch Group’s previous interim dividend of $0.04.

Lynch Group Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.21 and a debt-to-equity ratio of 50.17. The company has a market capitalization of $219.72 million, a P/E ratio of -8.43 and a beta of -0.27.

Lynch Group Company Profile

Lynch Group Holdings Limited operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China. The company's product portfolio includes gerbera, geraldton wax, phalaenopsis orchids, potted color products, and other wildflowers. It also exports its products.