Chorus Ltd (CNU) to Issue Final Dividend of $0.13 on October 8th

Chorus Ltd (ASX:CNU) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Investors of record on Tuesday, October 8th will be given a dividend of 0.128 per share on Tuesday, October 8th. This represents a yield of 2.71%. The ex-dividend date is Monday, September 23rd.

Chorus stock opened at A$4.89 ($3.47) on Friday. Chorus has a 52 week low of A$4.21 ($2.99) and a 52 week high of A$6.07 ($4.30). The business has a 50-day simple moving average of A$5.11 and a 200 day simple moving average of A$5.42. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 319.61. The stock has a market cap of $2.15 billion and a price-to-earnings ratio of 42.89.

In other Chorus news, insider Mark Cross bought 5,000 shares of Chorus stock in a transaction that occurred on Thursday, August 29th. The stock was acquired at an average cost of A$5.10 ($3.62) per share, for a total transaction of A$25,500.00 ($18,085.11).

About Chorus

Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services over copper and fiber networks for residential and business customers; and very high speed digital subscriber line broadband services. The company also provides colocation services.

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