Fenix Resources Limited (ASX:FEX) Announces $0.05 Final Dividend

Fenix Resources Limited (ASX:FEX) announced a final dividend on Thursday, September 16th, MarketIndexAU reports. Investors of record on Monday, October 4th will be paid a dividend of 0.0525 per share on Monday, October 4th. This represents a yield of 16.94%. The ex-dividend date of this dividend is Sunday, September 19th.

The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.94 and a current ratio of 2.51.

In other news, insider Robert (Rob) Brierley 2,000,000 shares of Fenix Resources stock in a transaction that occurred on Friday, July 16th.

About Fenix Resources

Fenix Resources Limited engages in the exploration of mineral tenements in Western Australia. The company's flagship property is the 100% owned Iron Ridge project located in Perth. It also explores for vanadium and manganese deposits. The company was formerly known as Emergent Resources Limited.

Further Reading: How Does the Quiet Period Work?

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