Ridley Co. Limited (ASX:RIC) Raises Dividend to $0.05 Per Share

Ridley Co. Limited (ASX:RIC) announced a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, April 23rd will be paid a dividend of 0.048 per share on Wednesday, April 23rd. This represents a dividend yield of 1.92%. The ex-dividend date is Wednesday, April 2nd. This is an increase from Ridley’s previous interim dividend of $0.04.

Ridley Stock Performance

The firm has a market capitalization of $893.81 million, a P/E ratio of 22.43, a price-to-earnings-growth ratio of 1.98 and a beta of 0.48. The company has a debt-to-equity ratio of 30.42, a current ratio of 1.12 and a quick ratio of 0.66.

Ridley Company Profile

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.