Australian Ethical Investment Limited (ASX:AEF) Declares Dividend Increase – $0.05 Per Share

Australian Ethical Investment Limited (ASX:AEF) announced a interim dividend on Friday, February 28th, MarketIndexAU Dividends reports. Investors of record on Thursday, March 20th will be given a dividend of 0.05 per share on Thursday, March 20th. This represents a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, March 4th. This is a positive change from Australian Ethical Investment’s previous interim dividend of $0.03.

Australian Ethical Investment Price Performance

The company has a market capitalization of $555.76 million, a price-to-earnings ratio of 4.67 and a beta of 1.66. The company has a quick ratio of 1.76, a current ratio of 2.31 and a debt-to-equity ratio of 9.19.

About Australian Ethical Investment

Australian Ethical Investment Ltd is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity and fixed income markets across the globe. The firm invests in education, energy, electricity transmission & distribution, government, health & wellbeing, food production, telecommunications, transport, recycling and waste management, sustainable products & materials, Information technology, software and professional services, media, property, recreation financial services.