Lynch Group Holdings Limited (ASX:LGL) Declares Interim Dividend of $0.05

Lynch Group Holdings Limited (ASX:LGL) declared a interim dividend on Thursday, February 20th,MarketIndexAU Dividends reports. Shareholders of record on Tuesday, March 18th will be paid a dividend of 0.05 per share on Tuesday, March 18th. This represents a yield of 2.9%. The ex-dividend date is Monday, March 3rd. This is a boost from Lynch Group’s previous interim dividend of $0.04.

Lynch Group Price Performance

The company has a market capitalization of $219.72 million, a price-to-earnings ratio of -8.43 and a beta of -0.27. The company has a debt-to-equity ratio of 50.17, a current ratio of 1.21 and a quick ratio of 0.84.

About Lynch Group

Lynch Group Holdings Limited operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China. The company's product portfolio includes gerbera, geraldton wax, phalaenopsis orchids, potted color products, and other wildflowers. It also exports its products.