Tasmea Limited (TEA) to Issue Final Dividend of $0.06 on November 4th

Tasmea Limited (ASX:TEA) declared a final dividend on Tuesday, August 26th, MarketIndexAU Dividends reports. Investors of record on Tuesday, November 4th will be given a dividend of 0.06 per share on Tuesday, November 4th. This represents a yield of 145.0%. The ex-dividend date is Monday, September 29th. This is a 50.0% increase from Tasmea’s previous final dividend of $0.04.

Tasmea Price Performance

The company has a market cap of $746.55 million and a P/E ratio of 23.56.

Tasmea Company Profile

Tasmea Limited provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia. It operates through four segments: Electrical, Mechanical, Civil, and Water & Fluid. The Electrical segment provides electrical shutdown, preventative, programmed and reactive maintenance, emergency breakdown repair, fault finding, and statutory compliance services, as well as electrical upgrades for brownfield and greenfield projects, and high-voltage testing and commissioning services.