Contact Energy Limited (ASX:CEN) Announces Dividend Increase – $0.14 Per Share

Contact Energy Limited (ASX:CEN) announced a interim dividend on Tuesday, February 18th, MarketIndexAU Dividends reports. Shareholders of record on Monday, March 17th will be given a dividend of 0.141 per share on Monday, March 17th. This represents a yield of 1.69%. The ex-dividend date of this dividend is Sunday, February 23rd. This is an increase from Contact Energy’s previous interim dividend of $0.13.

Contact Energy Stock Performance

The company has a quick ratio of 0.56, a current ratio of 0.71 and a debt-to-equity ratio of 73.04. The firm has a market capitalization of $7.86 billion, a PE ratio of 33.08, a PEG ratio of 29.54 and a beta of 0.38.

Contact Energy Company Profile

Contact Energy Limited generates and sells electricity and natural gas in New Zealand. It operates through two segments, Wholesale and Retail. The Wholesale segment sells electricity to the wholesale electricity market, and commercial and industrial customers. The Retail segment delivers electricity, natural gas, broadband, and other products and services to mass market customers.