Tasmea Limited (ASX:TEA) Plans Interim Dividend of $0.12

Tasmea Limited (ASX:TEA) declared a interim dividend on Wednesday, June 4th, MarketIndexAU Dividends reports. Shareholders of record on Sunday, June 29th will be given a dividend of 0.12 per share on Sunday, June 29th. This represents a yield of 3.83%. The ex-dividend date is Monday, June 9th. This is a 140.0% increase from Tasmea’s previous interim dividend of $0.05.

Tasmea Stock Performance

The company has a market cap of $746.55 million and a price-to-earnings ratio of 23.56.

Tasmea Company Profile

Tasmea Limited provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia. It operates through four segments: Electrical, Mechanical, Civil, and Water & Fluid. The Electrical segment provides electrical shutdown, preventative, programmed and reactive maintenance, emergency breakdown repair, fault finding, and statutory compliance services, as well as electrical upgrades for brownfield and greenfield projects, and high-voltage testing and commissioning services.