ERM Power Ltd (EPW) To Go Ex-Dividend on September 13th

ERM Power Ltd (ASX:EPW) announced a final dividend on Friday, August 23rd, MarketIndexAU reports. Investors of record on Wednesday, October 9th will be given a dividend of 0.045 per share on Wednesday, October 9th. This represents a dividend yield of 1.84%. The ex-dividend date of this dividend is Friday, September 13th.

ERM Power has a 1-year low of A$1.44 ($1.02) and a 1-year high of A$2.50 ($1.77). The company has a market capitalization of $618.21 million and a PE ratio of 5.14. The company has a quick ratio of 0.89, a current ratio of 1.34 and a debt-to-equity ratio of 53.43. The business’s fifty day simple moving average is A$1.94 and its 200 day simple moving average is A$1.85.

In related news, insider Jon Stretch sold 360,000 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of A$1.89 ($1.34), for a total value of A$678,600.00 ($481,276.60).

ERM Power Company Profile

ERM Power Limited, a diversified energy company, engages in the generation and sale of electricity in Australia and the United States. It operates through Business Energy Australia, Generation Assets, and Other segments. The company operates 662 megawatts of low emission gas-fired power stations in Western Australia and Queensland.

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