JB Hi-Fi Limited (ASX:JBH) to Issue Dividend Increase – $1.70 Per Share

JB Hi-Fi Limited (ASX:JBH) announced a interim dividend on Tuesday, February 11th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 6th will be given a dividend of 1.70 per share on Thursday, March 6th. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, February 19th. This is a positive change from JB Hi-Fi’s previous interim dividend of $1.58.

JB Hi-Fi Stock Performance

The company has a debt-to-equity ratio of 42.17, a quick ratio of 0.20 and a current ratio of 1.21.

About JB Hi-Fi

JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It provides computers, such as laptops, desktop PCs, iPads, tablets, eBook readers, monitors and projectors, printers and ink, storage devices, keyboards and mouse, computer accessories, as well as software, and home internet and wi-fi products; televisions; headphones, speakers, and audio devices; and smart home appliances.