Rural Funds Group (ASX:RFF) Declares $0.03 Interim Dividend

Rural Funds Group (ASX:RFF) announced a interim dividend on Tuesday, March 4th, MarketIndexAU Dividends reports. Stockholders of record on Tuesday, April 29th will be paid a dividend of 0.029 per share on Tuesday, April 29th. This represents a dividend yield of 1.59%. The ex-dividend date is Thursday, March 27th.

Rural Funds Group Stock Performance

The company has a debt-to-equity ratio of 73.53, a current ratio of 1.69 and a quick ratio of 0.61. The stock has a market capitalization of $658.63 million, a price-to-earnings ratio of 1.55 and a beta of 0.64.

Rural Funds Group Company Profile

Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties.