Ausnet Services Ltd (AST) to Issue Final Dividend of $0.05

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Ausnet Services Ltd (ASX:AST) declared a final dividend on Tuesday, May 14th, MarketIndexAU reports. Stockholders of record on Thursday, June 27th will be given a dividend of 0.049 per share on Thursday, June 27th. This represents a dividend yield of 2.65%. The ex-dividend date of this dividend is Tuesday, May 21st.

AST opened at A$1.84 ($1.30) on Wednesday. The firm has a market cap of $6.70 billion and a PE ratio of 24.47. The company has a quick ratio of 0.47, a current ratio of 0.69 and a debt-to-equity ratio of 213.67. Ausnet Services has a 52 week low of A$1.51 ($1.07) and a 52 week high of A$1.86 ($1.32).

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Ausnet Services Company Profile

AusNet Services Ltd engages in energy delivery services business in Australia. The company operates through Electricity Distribution, Gas Distribution, Electricity Transmission, and Commercial Energy Services segments. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users in eastern Victoria.

Further Reading: What is the Current Ratio?

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