Base Resources Limited (ASX:BSE) Declares Dividend Increase – $0.07 Per Share

Base Resources Limited (ASX:BSE) announced a interim dividend on Friday, September 13th, MarketIndexAU reports. Investors of record on Monday, September 30th will be paid a dividend of 0.065 per share on Monday, September 30th. This represents a yield of 25.49%. The ex-dividend date of this dividend is Monday, September 16th. This is a positive change from Base Resources’s previous interim dividend of $0.02.

Base Resources Price Performance

The company has a quick ratio of 3.81, a current ratio of 2.35 and a debt-to-equity ratio of 0.26.

Base Resources Company Profile

Base Resources Limited operates as mineral sand developer and producer in Africa. It operates through Kwale Operation, Toliara Project, and Other segments. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns a 100% interest in the Kwale Mineral Sands project located in Kenya; and develops the Toliara project located in Madagascar.