Mineral Resources Limited to Issue Final Dividend of $0.31 (ASX:MIN)

Mineral Resources Limited (ASX:MIN) declared a final dividend on Friday, August 23rd, MarketIndexAU reports. Stockholders of record on Friday, October 4th will be given a dividend of 0.31 per share on Friday, October 4th. This represents a dividend yield of 2.31%. The ex-dividend date is Monday, September 9th.

The company has a debt-to-equity ratio of 82.38, a current ratio of 2.84 and a quick ratio of 1.15. The company has a market cap of $2.50 billion and a P/E ratio of 15.63. Mineral Resources has a 12 month low of A$12.39 ($8.79) and a 12 month high of A$18.12 ($12.85). The business’s fifty day moving average price is A$14.87 and its two-hundred day moving average price is A$15.52.

In other Mineral Resources news, insider James McClements 4,569 shares of the stock in a transaction that occurred on Thursday, August 1st. Also, insider Peter Wade 6,096 shares of the company’s stock in a transaction that occurred on Thursday, July 11th.

About Mineral Resources

Mineral Resources Limited operates as a mining services and processing company in Australia, China, Singapore, and internationally. It operates through three segments: Mining Services and Processing, Mining, and Central. The company offers contract crushing, screening, and processing services on build-own-operate or build-operate basis for mining companies; mine services, including materials handling, plant and equipment hire, plant and equipment maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector.

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