Chorus Limited (ASX:CNU – Get Rating) declared a interim dividend on Thursday, March 9th, MarketIndexAU reports. Stockholders of record on Monday, April 10th will be given a dividend of 0.131 per share on Monday, April 10th. This represents a dividend yield of 1.73%. The ex-dividend date of this dividend is Sunday, March 12th. This is a positive change from Chorus's previous interim dividend of $0.13.
Chorus Stock Performance
The company has a debt-to-equity ratio of 368.07, a current ratio of 0.54 and a quick ratio of 0.49.
Get Chorus alerts:Insider Activity
In related news, insider William Irving purchased 15,000 shares of Chorus stock in a transaction dated Tuesday, February 21st. The shares were acquired at an average price of A$8.00 ($5.37) per share, with a total value of A$119,970.00 ($80,516.78). Insiders own 5.16% of the company's stock.
Chorus Company Profile
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Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; and high-speed digital subscriber line broadband services. The company builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.
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