Adrad Holdings Limited (ASX:AHL) Plans Dividend Increase – $0.01 Per Share

Adrad Holdings Limited (ASX:AHL) announced a interim dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.014 per share on Tuesday, April 1st. This represents a yield of 2.03%. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Adrad’s previous interim dividend of $0.01.

Adrad Price Performance

The firm has a market cap of $60.98 million, a P/E ratio of 10.21 and a beta of -0.46. The company has a current ratio of 3.49, a quick ratio of 0.43 and a debt-to-equity ratio of 40.38.

About Adrad

Adrad Holdings Limited engages in the design and manufacture of heat transfer solutions for industrial applications in Australia and New Zealand. It offers heat exchangers for mobile and stationery applications; and radiators and other heat exchange products for the automotive and industrial aftermarket.