Myer Holdings Limited (ASX:MYR) Announces Dividend Increase – $0.03 Per Share

Myer Holdings Limited (ASX:MYR) declared a interim dividend on Tuesday, January 21st,MarketIndexAU Dividends reports. Shareholders of record on Wednesday, March 19th will be given a dividend of 0.025 per share on Wednesday, March 19th. This represents a yield of 2.81%. The ex-dividend date is Thursday, January 23rd. This is a boost from Myer’s previous interim dividend of $0.005.

Myer Stock Performance

The company has a debt-to-equity ratio of 638.94, a current ratio of 0.90 and a quick ratio of 0.40.

About Myer

Myer Holdings Limited, together with its subsidiaries, engages in the operation of offline and online department stores under the Myer brand name in Australia. It offers womenswear, menswear, kids wear, homewares, beauty products, travel products, electrical goods, toys, and gift products. The company also provides beauty, grooming, gift registry, clothes alteration, formal hire, and breast cancer screening services; and operates in-store cafés and restaurants.