Ridley Co. Limited (ASX:RIC) Declares Dividend Increase – $0.05 Per Share

Ridley Co. Limited (ASX:RIC) announced a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, April 23rd will be paid a dividend of 0.048 per share on Wednesday, April 23rd. This represents a 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 stock has a market cap of $893.81 million, a price-to-earnings ratio of 22.43, a P/E/G ratio of 1.98 and a beta of 0.48. The company has a debt-to-equity ratio of 30.42, a quick ratio of 0.66 and a current ratio of 1.12.

About Ridley

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.