Turners Automotive Group Limited (ASX:TRA) Declares Dividend Increase – $0.06 Per Share

Turners Automotive Group Limited (ASX:TRA) announced a interim dividend on Thursday, April 3rd, MarketIndexAU Dividends reports. Investors of record on Monday, April 28th will be given a dividend of 0.064 per share on Monday, April 28th. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, April 8th. This is a 1.6% increase from Turners Automotive Group’s previous interim dividend of $0.06.

Turners Automotive Group Price Performance

The firm has a market cap of $480.71 million, a price-to-earnings ratio of 28.70 and a beta of 0.75. The company has a quick ratio of 12.00, a current ratio of 1.15 and a debt-to-equity ratio of 161.83.

About Turners Automotive Group

Turners Automotive Group Limited engages in the automotive retail business in New Zealand and Australia. It operates through Auto Retail, Finance, Credit Management, and Insurance segments. The Auto Retail segment engages in purchasing and remarketing of motor vehicles, trucks, heavy machinery, and commercial goods.