Monash Absolute (MA1) to Issue Final Dividend of $0.02 on October 30th

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Monash Absolute (ASX:MA1) declared a final dividend on Saturday, September 14th, MarketIndexAU reports. Stockholders of record on Wednesday, October 30th will be paid a dividend of 0.02 per share on Wednesday, October 30th. This represents a dividend yield of 2.07%. The ex-dividend date is Friday, September 20th.

Shares of MA1 stock opened at A$0.96 ($0.68) on Wednesday. The firm has a market capitalization of $42.54 million and a price-to-earnings ratio of 16.00.

About Monash Absolute

Monash Absolute Investment Company Limited is a listed investment company launched and managed by Monash Investors Pty Limited. It invests in public equity markets across Australia. It invests in the growth and value stocks of small-cap companies. Monash Absolute Investment Company Limited is domiciled in Australia.

Read More: Understanding the Price to Earnings Ratio (PE)

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