Ridley Co. Limited (ASX:RIC) Increases Dividend to $0.04 Per Share

Ridley Co. Limited (ASX:RICGet Free Report) declared a interim dividend on Tuesday, April 2nd, MarketIndexAU reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.044 per share on Tuesday, April 23rd. This represents a yield of 1.72%. The ex-dividend date of this dividend is Tuesday, April 2nd. This is a positive change from Ridley’s previous interim dividend of $0.04.

Ridley Price Performance

The company has a quick ratio of 0.66, a current ratio of 1.29 and a debt-to-equity ratio of 29.27.

Ridley Company Profile

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Ridley Corporation Limited, together with its subsidiaries, provides animal nutrition solutions in Australia. It operates through two segments, Packaged Feeds and Ingredients, and Bulk Stockfeeds. The company provides feeds for horses, chicken and poultry dairy cattle, beef cattle, sheep, goats, alpacas, llamas, kangaroos and wallabies, guinea pigs, rats, and mice; monogastric and ruminant commercial feeds; aquafeed for salmon, prawns, barramundi, yellowtail kingfish, and trout, as well as mulloway, silver perch, and other native species; and rendered poultry, red meat, and fish products.

Further Reading

Dividend History for Ridley (ASX:RIC)

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