Sims Limited (OTCMKTS:SMSMY) to Issue Dividend Increase – $0.06 Per Share

Sims Limited (OTCMKTS:SMSMY) declared a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Shareholders of record on Friday, March 7th will be given a dividend of 0.0633 per share by the industrial products company on Monday, March 31st. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Sims’s previous dividend of $0.06.

Sims Stock Performance

Shares of SMSMY stock traded up $0.25 during trading hours on Wednesday, reaching $9.00. The company’s stock had a trading volume of 2,250 shares, compared to its average volume of 1,160. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.48 and a quick ratio of 1.06. Sims has a one year low of $6.34 and a one year high of $9.16. The firm’s fifty day simple moving average is $8.16 and its 200 day simple moving average is $8.06.

About Sims

Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, Turkey, the United States, and internationally. The company operates through six segments: North America Metals, Investment in SA Recycling, Australia/New Zealand Metals, UK Metals, Global Trading, and Sims Lifecycle Services.