LaserBond Limited (LBL) to Issue Final Dividend of $0.01 on October 9th

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LaserBond Limited (ASX:LBL) announced a final dividend on Wednesday, August 19th, MarketIndexAU reports. Investors of record on Friday, October 9th will be paid a dividend of 0.006 per share on Friday, October 9th. This represents a dividend yield of 1.26%. The ex-dividend date is Thursday, September 10th. This is an increase from LaserBond’s previous final dividend of $0.005.

The company has a 50 day moving average of A$0.43. LaserBond has a fifty-two week low of A$0.23 ($0.16) and a fifty-two week high of A$0.97 ($0.69). The company has a market cap of $40.75 million and a P/E ratio of 14.33. The company has a quick ratio of 1.70, a current ratio of 2.26 and a debt-to-equity ratio of 73.07.

LaserBond Company Profile

Laserbond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components. The company provides drilling tools; and laser cladding, thermal spray, welding, machining, heat treatment, metallurgy laboratory, surface coating, and remanufacturing services.

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