Atlas Pearls Limited (ASX:ATP) Increases Dividend to $0.01 Per Share

Atlas Pearls Limited (ASX:ATPGet Free Report) declared a final dividend on Wednesday, September 11th, MarketIndexAU reports. Stockholders of record on Thursday, September 26th will be given a dividend of 0.01 per share on Thursday, September 26th. This represents a dividend yield of 7.14%. The ex-dividend date is Wednesday, September 11th. This is a positive change from Atlas Pearls’s previous final dividend of $0.003.

Atlas Pearls Price Performance

The company has a quick ratio of 0.63, a current ratio of 5.19 and a debt-to-equity ratio of 0.52.

Insider Buying and Selling at Atlas Pearls

In other Atlas Pearls news, insider Geoffrey Newman acquired 1,276,196 shares of the business’s stock in a transaction dated Wednesday, August 14th. The stock was bought at an average price of A$0.08 ($0.05) per share, with a total value of A$95,714.70 ($63,809.80). Insiders own 43.65% of the company’s stock.

About Atlas Pearls

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Atlas Pearls Limited produces and sells south sea pearls in Australia and Indonesia. It owns and operates silver and white pearl farms. The company also manufactures and sells pearl jewelry and related products. In addition, it operates online retail stores. The company was formerly known as Atlas Pearls and Perfumes Limited and changed its name to Atlas Pearls Ltd in December 2017.

Further Reading

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