APA Group (ASX:APA) Plans Dividend Increase – $0.27 Per Share

APA Group (ASX:APA) declared a final dividend on Thursday, June 25th, MarketIndexAU reports. Investors of record on Wednesday, September 16th will be paid a dividend of 0.27 per share on Wednesday, September 16th. This represents a yield of 2.38%. The ex-dividend date of this dividend is Monday, June 29th. This is a positive change from APA Group’s previous final dividend of $0.26.

Shares of APA Group stock opened at A$11.20 ($7.94) on Friday. The firm’s 50-day moving average is A$11.22 and its 200 day moving average is A$11.01. APA Group has a 1 year low of A$8.06 ($5.72) and a 1 year high of A$11.85 ($8.40). The company has a debt-to-equity ratio of 291.93, a current ratio of 0.43 and a quick ratio of 0.38. The stock has a market cap of $13.21 billion and a price-to-earnings ratio of 43.24.

About APA Group

APA Group develops, owns, and operates natural gas transportation and energy infrastructure in Australia. The company operates through three segments: Energy Infrastructure, Asset Management, and Energy Investments. It operates natural gas pipelines, gas storage facilities, gas-fired power stations, gas processing facilities, gas compression facilities, and wind farms.

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