Namoi Cotton Limited to Issue Final Dividend of $0.01 (ASX:NAM)

Namoi Cotton Limited (ASX:NAM) declared a final dividend on Thursday, April 18th, MarketIndexAU reports. Shareholders of record on Thursday, May 9th will be given a dividend of 0.01 per share on Thursday, May 9th. This represents a dividend yield of 1.69%. The ex-dividend date of this dividend is Monday, April 22nd.

Namoi Cotton Stock Performance

The company has a current ratio of 1.78, a quick ratio of 0.33 and a debt-to-equity ratio of 34.46.

About Namoi Cotton

Namoi Cotton Limited, together with its subsidiaries, engages in the ginning, and supply chain and marketing of cotton in Australia, China, Japan, South Korea, and Thailand. It operates network of cotton gins in New South Wales and Queensland. The company is also involved in the purchase and sale of lint cotton from growers.