ARB Co. Limited (ASX:ARB) to Issue Dividend Increase – $0.35 Per Share

ARB Co. Limited (ASX:ARB) announced a final dividend on Tuesday, October 1st, MarketIndexAU reports. Shareholders of record on Thursday, October 17th will be paid a dividend of 0.35 per share on Thursday, October 17th. This represents a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, October 2nd. This is an increase from ARB’s previous final dividend of $0.30.

ARB Stock Performance

The company has a quick ratio of 1.30, a current ratio of 4.10 and a debt-to-equity ratio of 6.10.

About ARB

ARB Corporation Limited engages in the design, manufacture, distribution, and sale of motor vehicle accessories and light metal engineering works. The company provides bull bars, side rails and steps, canopies, UTE lids and tub accessories, roof racks, cross bars and carriers, suspension systems, driving lights, air compressors and tire accessories, air lockers, winches, recovery equipment and points, under vehicle protection products, fuel tanks and storage, drawers and cargo solutions, slide kitchen, portable fridge freezers, tents, swags and awnings, camping and touring accessories, safari snorkels, dual battery and solar systems, interior protection, and general accessories, as well as rear protection, towing, and wheel carriers.