Korvest Ltd Declares Interim Dividend of $0.25 (ASX:KOV)

Korvest Ltd (ASX:KOV) announced a interim dividend on Monday, January 26th, MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 5th will be given a dividend of 0.25 per share on Thursday, March 5th. This represents a dividend yield of 171.0%. The ex-dividend date is Wednesday, February 11th.

Korvest Price Performance

The firm has a market capitalization of $119.86 million, a P/E ratio of 10.80, a P/E/G ratio of 0.81 and a beta of 0.64. The company has a quick ratio of 1.41, a current ratio of 3.09 and a debt-to-equity ratio of 17.74.

Korvest Company Profile

Korvest Ltd, together with its subsidiaries, engages in the hot dip galvanizing and sheet metal fabrication businesses in Australia. It operates through two segments, Industrial Products and Production. The Industrial Products segment manufactures electrical and cable support systems, which include channel, cable trays, cable ladders, cable mesh and ducts, and general and heavy duty pipe clamps and hangers, as well as specialist pipe supports products, other fittings, fasteners, and clamping components under the EzyStrut name.