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

Ariadne Australia Limited (ASX:ARA) declared a interim dividend on Monday, March 3rd, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, March 26th will be given 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 a positive change from Ariadne Australia’s previous interim dividend of $0.003.

Ariadne Australia Stock Performance

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

Ariadne Australia Company Profile

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.