Service Stream Limited (ASX:SSM) Raises Dividend to $0.03 Per Share

Service Stream Limited (ASX:SSM) declared a final dividend on Thursday, August 21st, MarketIndexAU Dividends reports. Stockholders of record on Thursday, October 2nd will be paid a dividend of 0.03 per share on Thursday, October 2nd. This represents a dividend yield of 140.0%. The ex-dividend date is Tuesday, September 16th. This is a 20.0% increase from Service Stream’s previous final dividend of $0.03.

Service Stream Stock Performance

The stock has a market cap of $973.21 million, a P/E ratio of 30.05 and a beta of 0.71. The company has a current ratio of 1.38, a quick ratio of 1.31 and a debt-to-equity ratio of 24.36.

About Service Stream

Service Stream Limited designs, constructs, operates and maintains infrastructure networks in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition; and design, construction, engineering, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation.