Perenti Limited (ASX:PRN) Announces Dividend Increase – $0.03 Per Share

Perenti Limited (ASX:PRN) announced a interim dividend on Tuesday, February 25th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, April 2nd will be paid a dividend of 0.03 per share on Wednesday, April 2nd. This represents a dividend yield of 2.38%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a boost from Perenti’s previous interim dividend of $0.02.

Perenti Stock Performance

The company has a debt-to-equity ratio of 52.77, a quick ratio of 1.36 and a current ratio of 2.20. The firm has a market cap of $1.31 billion, a PE ratio of 13.78, a PEG ratio of -1.24 and a beta of 1.17.

About Perenti

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.