LaserBond Limited (LBL) to Issue Interim Dividend of $0.01 on March 26th

LaserBond Limited (ASX:LBL) declared a interim dividend on Monday, February 23rd, MarketIndexAU Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.008 per share on Thursday, March 26th. This represents a dividend yield of 133.0%. The ex-dividend date of this dividend is Wednesday, March 4th.

LaserBond Stock Performance

The stock has a market capitalization of $66.88 million, a PE ratio of 18.46 and a beta of 0.60. The company has a quick ratio of 1.65, a current ratio of 2.51 and a debt-to-equity ratio of 35.28.

About LaserBond

LaserBond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components in Australia. The company offers composite carbide steel mill rolls; and drilling tools comprising hammers and drill bits. It also provides laser cladding, welding, machining, heat treatment, metallurgy laboratory, surface coating, remanufacturing, and vacuum heat treatment services, as well as thermal spraying, hard facing, and polymer coating services.