Midway Limited (ASX:MWY) Declares $0.16 Final Dividend

Posted by on Sep 16th, 2024

Midway Limited (ASX:MWY – Get Free Report) declared a final dividend on Monday, September 16th, MarketIndexAU reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of 0.161 per share on Thursday, October 3rd. This represents a dividend yield of 14.19%. The ex-dividend date of this dividend is Wednesday, September 18th.

Midway Stock Performance

The company has a debt-to-equity ratio of 16.30, a quick ratio of 0.22 and a current ratio of 3.64.

About Midway

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Midway Limited engages in the production, processing, and export of woodfibre in Australia, China, Japan, and Southeast Asia. It operates through Woodfibre, Forestry Logistics, and Plantation Management segments. The company provides support services to third parties engaged in growing woodfibre, including harvest and haul; supplies biomass woodchips and sawdust; and planation management services, comprising silviculture services.

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