Civmec Limited (ASX:CVL) Increases Dividend to $0.04 Per Share

Civmec Limited (ASX:CVL) announced a final dividend on Thursday, October 3rd, MarketIndexAU reports. Investors of record on Thursday, October 24th will be given a dividend of 0.035 per share on Thursday, October 24th. This represents a dividend yield of 2.95%. The ex-dividend date is Sunday, October 13th. This is a boost from Civmec’s previous final dividend of $0.03.

Civmec Stock Performance

The company has a quick ratio of 1.23, a current ratio of 1.48 and a debt-to-equity ratio of 24.84.

Civmec Company Profile

Civmec Limited, an investment holding company, provides construction and engineering services to the energy, resources, infrastructure, and marine and defense sectors in Australia. The company undertakes fabrication projects, such as structural steel, plate works, tanks, vessels, materials handling equipment, subsea and offshore structures, and pipe spooling services.