Delta Galil Industries (OTCMKTS:DELTY) Increases Dividend to $0.07 Per Share

Delta Galil Industries (OTCMKTS:DELTY) announced a quarterly dividend on Friday, August 16th, Zacks reports. Shareholders of record on Monday, August 26th will be given a dividend of 0.065 per share on Friday, September 13th. This represents a $0.26 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Friday, August 23rd. This is an increase from Delta Galil Industries’s previous quarterly dividend of $0.04.

OTCMKTS DELTY opened at $28.85 on Wednesday. The stock has a 50 day moving average of $28.47. The company has a quick ratio of 0.87, a current ratio of 1.70 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $771.45 million, a price-to-earnings ratio of 12.17 and a beta of 0.36. Delta Galil Industries has a 52-week low of $24.93 and a 52-week high of $31.60.

Delta Galil Industries Company Profile

Delta Galil Industries Ltd. engages in development, design, production, marketing and sale of underwear, socks, children’s wear, leisure wear and Activewear as well as in development, design, marketing, distribution and sale of branded products in the category of men’s and women’s jeans and outerwear and related products.

Further Reading: Gross Domestic Product (GDP)

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