Ariadne Australia Limited (ASX:ARA) Plans $0.01 Interim Dividend

Ariadne Australia Limited (ASX:ARA) announced a interim dividend on Friday, February 27th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 25th will be given a dividend of 0.005 per share on Wednesday, March 25th. This represents a dividend yield of 94.0%. The ex-dividend date is Thursday, March 12th.

Ariadne Australia Price Performance

The stock has a market capitalization of $99.04 million, a PE ratio of 0.50 and a beta of 0.36. The company has a debt-to-equity ratio of 10.68, a quick ratio of 2.04 and a current ratio of 2.14.

Insider Activity

In other news, insider Gary Weiss acquired 200,000 shares of Ariadne Australia stock in a transaction dated Monday, December 29th. The shares were purchased at an average cost of A$0.53 per share, for a total transaction of A$106,000.00. Insiders own 61.13% of the company’s stock.

About Ariadne Australia

Ariadne Australia Limited, together with its subsidiaries, operates as an investment company in Australia and New Zealand. It operates through Investments and Property segments. The company invests in securities, as well as provides financial services. It also invests in and develops residential properties, as well as engages in marina management activities. The company was incorporated in 1983 and is based in Sydney, Australia.