Costa Group Holdings Limited (ASX:CGC) Plans Dividend Increase – $0.05 Per Share

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Costa Group Holdings Limited (ASX:CGC) declared a final dividend on Tuesday, February 23rd, MarketIndexAU reports. Investors of record on Thursday, April 8th will be given a dividend of 0.05 per share on Thursday, April 8th. This represents a yield of 1.14%. The ex-dividend date of this dividend is Wednesday, March 10th. This is an increase from Costa Group’s previous final dividend of $0.02.

The company has a quick ratio of 1.09, a current ratio of 1.55 and a debt-to-equity ratio of 96.77. The business’s 50-day moving average is A$2.86.

In other Costa Group news, insider Peter Margin acquired 9,001 shares of the stock in a transaction that occurred on Thursday, December 24th. The shares were acquired at an average cost of A$4.00 ($2.86) per share, with a total value of A$36,004.00 ($25,717.14).

Costa Group Company Profile

Costa Group Holdings Limited produces, packs, and markets fruits and vegetables to food retailers. The company operates through three segments: Produce, Costa Farms & Logistics, and International. It offers mushrooms, raspberries, strawberries, blackberries, tomatoes, citrus, avocados, bananas, grapes, and other fruits.

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