Adrad Holdings Limited (ASX:AHL) Declares Interim Dividend of $0.01

Adrad Holdings Limited (ASX:AHL) declared a interim dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.014 per share on Tuesday, April 1st. This represents a yield of 2.03%. The ex-dividend date of this dividend is Monday, March 24th. This is a 7.7% increase from Adrad’s previous interim dividend of $0.01.

Adrad Stock Performance

The stock has a market capitalization of $60.98 million, a price-to-earnings ratio of 10.21 and a beta of -0.46. The company has a quick ratio of 0.43, a current ratio of 3.49 and a debt-to-equity ratio of 40.38.

Adrad Company Profile

Adrad Holdings Limited engages in the design and manufacture of heat transfer solutions for industrial applications in Australia and New Zealand. It offers heat exchangers for mobile and stationery applications; and radiators and other heat exchange products for the automotive and industrial aftermarket.