Ariadne Australia Limited (ASX:ARA – Get Free Report) announced a interim dividend on Friday, February 27th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, March 25th will be paid a dividend of 0.005 per share on Wednesday, March 25th. This represents a yield of 94.0%. The ex-dividend date of this dividend is Thursday, March 12th.
Ariadne Australia Price Performance
The firm has a market cap of $99.04 million, a PE ratio of 0.50 and a beta of 0.36. The company has a debt-to-equity ratio of 10.68, a quick ratio of 2.04 and a current ratio of 2.14.
Insiders Place Their Bets
In related news, insider Gary Weiss bought 200,000 shares of the business’s stock in a transaction dated Monday, December 29th. The stock was purchased at an average cost of A$0.53 per share, for a total transaction of A$106,000.00. 61.13% of the stock is owned by corporate insiders.
About Ariadne Australia
Ariadne Australia Limited, together with its subsidiaries, operates as an investment company in Australia and New Zealand. It operates through Investments and Property segments. The company invests in securities, as well as provides financial services. It also invests in and develops residential properties, as well as engages in marina management activities. The company was incorporated in 1983 and is based in Sydney, Australia.
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