Reef Casino Trust (ASX:RCT) Announces Final Dividend of $0.11

Reef Casino Trust (ASX:RCT) declared a final dividend on Thursday, December 5th, MarketIndexAU reports. Investors of record on Wednesday, March 11th will be given a dividend of 0.106 per share on Wednesday, March 11th. This represents a yield of 4.33%. The ex-dividend date of this dividend is Monday, December 30th. This is a boost from Reef Casino Trust’s previous final dividend of $0.10.

ASX RCT traded up A$0.08 ($0.06) during trading on Thursday, reaching A$2.45 ($1.74). 250 shares of the company traded hands. Reef Casino Trust has a 1-year low of A$2.24 ($1.59) and a 1-year high of A$3.35 ($2.38). The company has a market cap of $122.01 million and a price-to-earnings ratio of 18.01. The stock’s 50 day moving average price is A$2.35 and its two-hundred day moving average price is A$2.62. The company has a debt-to-equity ratio of 48.58, a quick ratio of 1.72 and a current ratio of 1.72.

About Reef Casino Trust

Reef Casino Trust owns and leases the Reef Hotel Casino complex located in Cairns, Australia. The company was founded in 1993 and is based in Cairns, Australia. Reef Casino Trust is a subsidiary of Reef Casino Investments Pty Ltd.

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