IPD Group Limited Announces Interim Dividend of $0.07 (ASX:IPG)

IPD Group Limited (ASX:IPG) announced a interim dividend on Tuesday, February 24th, MarketIndexAU Dividends reports. Stockholders of record on Thursday, April 9th will be paid a dividend of 0.068 per share on Thursday, April 9th. This represents a dividend yield of 138.0%. The ex-dividend date of this dividend is Wednesday, March 25th.

IPD Group Price Performance

The company has a market capitalization of $444.85 million, a P/E ratio of 20.02 and a beta of 0.87. The company has a debt-to-equity ratio of 29.66, a current ratio of 2.16 and a quick ratio of 1.24.

IPD Group Company Profile

IPD Group Limited distributes electrical infrastructure in Australia. It operates through Products Division and Services Division segments. The company offers power distribution; industrial and motor control; automation and industrial communication; power monitoring; electrical cables; manufacture and distribution of cable plugs; and hazardous area equipment under the third-party brands, such as ABB, Elsteel, Emerson, Red Lion, GE, Socomec, and DEHN. It also offers installation and commissioning; calibration and testing; maintenance and repairs; electric vehicle solutions; and refurbishment and other services.