Adairs Limited (ASX:ADH) Declares Dividend Increase – $0.07 Per Share

Adairs Limited (ASX:ADH) declared a interim dividend on Tuesday, February 25th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, April 2nd will be paid a dividend of 0.065 per share on Wednesday, April 2nd. This represents a yield of 2.74%. The ex-dividend date of this dividend is Sunday, March 9th. This is an increase from Adairs’s previous interim dividend of $0.05.

Adairs Stock Performance

The company has a quick ratio of 0.27, a current ratio of 0.81 and a debt-to-equity ratio of 123.63. The company has a market capitalization of $504.77 million, a P/E ratio of 16.06, a P/E/G ratio of -25.40 and a beta of 2.02.

About Adairs

Adairs Limited operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand. It operates through three segments: Adairs, Mocka and Focus. The company offers bedroom products, such as bedlinen, bedding, and bedroom furniture and accessories; bathroom and laundry products, consisting of towels, bath mats and runners, bathrobes and slippers, bathroom accessories, and laundry and home care products, as well as beach and kids beach towels; furniture products, such as bedroom, office, living room, outdoor, and kids furniture; home and outdoor comprising home styling, home care and gifting, pets, outdoor, storage, and kitchen products; kid's products, including kids bedlinen, bedding, décor, bathroom, furniture, christmas, and nursery; as well as gifting products and kid collection.