Qualitas Limited (QAL) to Issue Interim Dividend of $0.04 on March 18th

Qualitas Limited (ASX:QAL) declared a interim dividend on Tuesday, February 17th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 18th will be paid a dividend of 0.035 per share on Wednesday, March 18th. This represents a dividend yield of 107.0%. The ex-dividend date of this dividend is Monday, March 2nd.

Qualitas Stock Performance

The company has a quick ratio of 10.67, a current ratio of 0.78 and a debt-to-equity ratio of 80.46. The company has a market capitalization of $764.09 million, a PE ratio of 29.01 and a beta of 0.18.

About Qualitas

Qualitas is a real estate investment firm which focuses on direct investment in all real estate classes and geographies, acquisitions and restructuring of distressed debt, third party capital raisings and consulting services. It seeks to provide bridge loans in the major markets of the Australian east coast, and particularly the medium and high density residential development sector. Qualitas is based in Melbourne, Australia with an additional office in Sydney, Australia. It operates as a subsidiary of Qualitas Group.