Microequities Asset Management Group Limited (ASX:MAM) Plans Dividend Increase – $0.02 Per Share

Microequities Asset Management Group Limited (ASX:MAM) announced a interim dividend on Monday, February 17th,MarketIndexAU Dividends reports. Shareholders of record on Thursday, March 6th will be paid a dividend of 0.019 per share on Thursday, March 6th. This represents a yield of 3.11%. The ex-dividend date of this dividend is Thursday, February 20th. This is an increase from Microequities Asset Management Group’s previous interim dividend of $0.02.

Microequities Asset Management Group Stock Performance

The firm has a market capitalization of $79.24 million, a PE ratio of 0.59 and a beta of 1.24. The company has a debt-to-equity ratio of 25.13, a quick ratio of 6.84 and a current ratio of 6.32.

About Microequities Asset Management Group

Microequities Asset Management Group Limited provides investment funds management services to high net worth and wholesale investors in Australia. It offers deep value, high income cap, pure microcap value, and global value microcap funds. The company was formerly known as Microequities Ltd. and changed its name to Microequities Asset Management Group Limited in March 2018.