VEEM Ltd Plans Interim Dividend of $0.00 (ASX:VEE)

VEEM Ltd (ASX:VEE) announced a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Investors of record on Thursday, April 17th will be paid a dividend of 0.002 per share on Thursday, April 17th. This represents a yield of 0.23%. The ex-dividend date is Wednesday, March 5th.

VEEM Price Performance

The company has a debt-to-equity ratio of 42.04, a quick ratio of 1.02 and a current ratio of 2.37. The firm has a market capitalization of $118.12 million, a P/E ratio of 16.90, a price-to-earnings-growth ratio of 2.21 and a beta of 1.32.

About VEEM

VEEM Ltd engages in the manufacture and sale of marine propulsion and stabilization systems. It offers gyrostabilizers; CNC machined monobloc and fixed pitch propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest and shaft lines and marine ride control fins.