Z Energy Ltd (ASX:ZEL) Announces Dividend Increase – $0.15 Per Share

Z Energy Ltd (ASX:ZEL) announced a interim dividend on Monday, November 4th, MarketIndexAU reports. Investors of record on Tuesday, December 10th will be given a dividend of 0.153 per share on Tuesday, December 10th. This represents a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, November 21st. This is an increase from Z Energy’s previous interim dividend of $0.12.

ASX ZEL opened at A$4.79 ($3.39) on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.35 and a debt-to-equity ratio of 169.95. The company has a fifty day simple moving average of A$5.09 and a 200 day simple moving average of A$5.70. The company has a market cap of $1.98 billion and a P/E ratio of 8.66. Z Energy has a 1 year low of A$4.88 ($3.46) and a 1 year high of A$6.58 ($4.67).

Z Energy Company Profile

Z Energy Limited sells transport fuel in New Zealand. It supplies fuel to retail customers, as well as commercial customers, such as airlines, trucking companies, mines, shipping companies, and vehicle fleet operators, as well as supplies bitumen to roading contractors. The company also offers Z card and Star card services for businesses to buy fuels.

Further Reading: G-20

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