Lynch Group Holdings Limited (ASX:LGL) Announces Dividend Increase – $0.05 Per Share

Lynch Group Holdings Limited (ASX:LGL) announced a interim dividend on Thursday, February 20th, MarketIndexAU Dividends reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 0.05 per share on Tuesday, March 18th. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Lynch Group’s previous interim dividend of $0.04.

Lynch Group Price Performance

The company has a debt-to-equity ratio of 50.17, a quick ratio of 0.84 and a current ratio of 1.21. The firm has a market cap of $219.72 million, a PE ratio of -8.43 and a beta of -0.27.

Lynch Group Company Profile

Lynch Group Holdings Limited operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China. The company's product portfolio includes gerbera, geraldton wax, phalaenopsis orchids, potted color products, and other wildflowers. It also exports its products.