DDH1 Limited (ASX:DDH) Declares Dividend Increase – $0.03 Per Share

DDH1 Limited (ASX:DDHGet Rating) declared a interim dividend on Thursday, March 16th, MarketIndexAU reports. Investors of record on Monday, April 10th will be given a dividend of 0.033 per share on Monday, April 10th. This represents a dividend yield of 3.92%. The ex-dividend date of this dividend is Sunday, March 19th. This is a positive change from DDH1’s previous interim dividend of $0.03.

DDH1 Price Performance

The company has a quick ratio of 1.53, a current ratio of 2.44 and a debt-to-equity ratio of 16.75.

DDH1 Company Profile

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DDH1 Limited provides specialized drilling services for the exploration, mining, and energy industries in Australia. The company offers diamond core drilling services for near-mine exploration, mine development, and production drilling activities of gold, nickel, copper, iron ore, and other metals; reverse circulation and air core drilling services for earlier stage exploration drilling activities; and reverse circulation and water bore drilling services to the iron ore industry.

Further Reading

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