Rural Funds Group (RFF) to Issue Interim Dividend of $0.03 on January 29th

Rural Funds Group (ASX:RFF) announced a interim dividend on Wednesday, December 3rd, MarketIndexAU Dividends reports. Shareholders of record on Thursday, January 29th will be paid a dividend of 0.029 per share on Thursday, January 29th. This represents a yield of 148.0%. The ex-dividend date of this dividend is Monday, December 29th.

Rural Funds Group Price Performance

The firm has a market capitalization of $658.63 million, a price-to-earnings ratio of 1.55 and a beta of 0.64. The company has a debt-to-equity ratio of 73.53, a current ratio of 1.69 and a quick ratio of 0.61.

Rural Funds Group Company Profile

Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties.