Perenti Limited (ASX:PRN) Increases Dividend to $0.04 Per Share

Perenti Limited (ASX:PRN) announced a final dividend on Tuesday, August 26th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, October 29th will be given a dividend of 0.043 per share on Wednesday, October 29th. This represents a dividend yield of 189.0%. The ex-dividend date is Tuesday, October 14th. This is a 7.5% increase from Perenti’s previous final dividend of $0.04.

Perenti Stock Performance

The stock has a market capitalization of $1.31 billion, a PE ratio of 13.78, a price-to-earnings-growth ratio of -1.24 and a beta of 1.17. The company has a quick ratio of 1.36, a current ratio of 2.20 and a debt-to-equity ratio of 52.77.

Perenti Company Profile

Perenti Limited operates as a mining services company worldwide. It operates through Contract Mining Surface, Contract Mining Underground, and Mining Services and idoba segments. The company offers mining services, including drilling and blasting, in-pit grade control, exploration drilling, and earthmoving services, as well as underground mining and diamond drilling services.