LaserBond Limited Plans Final Dividend of $0.01 (ASX:LBL)

LaserBond Limited (ASX:LBL) announced a final dividend on Thursday, August 22nd, MarketIndexAU reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.005 per share on Friday, October 11th. This represents a yield of 0.93%. The ex-dividend date of this dividend is Thursday, September 12th.

The firm has a market cap of $45.38 million and a P/E ratio of 21.82. The firm’s 50 day simple moving average is A$0.48. The company has a debt-to-equity ratio of 28.37, a quick ratio of 1.72 and a current ratio of 2.49. LaserBond has a 1-year low of A$0.16 ($0.11) and a 1-year high of A$0.71 ($0.50).

About LaserBond

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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