Supply Network Limited (ASX:SNL) Raises Dividend to $0.32 Per Share

Supply Network Limited (ASX:SNL) declared a interim dividend on Monday, January 27th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, April 3rd will be paid a dividend of 0.32 per share on Thursday, April 3rd. This represents a dividend yield of 0.91%. The ex-dividend date of this dividend is Wednesday, March 19th. This is a positive change from Supply Network’s previous interim dividend of $0.23.

Supply Network Price Performance

The company has a quick ratio of 0.75, a current ratio of 2.74 and a debt-to-equity ratio of 49.78.

About Supply Network

Supply Network Limited provides aftermarket parts to the commercial vehicle industry in Australia and New Zealand. The company sells truck and bus parts under the Multispares brand name, as well as offers a range of services comprising parts interpreting, procurement, supply management, and problem solving.