Chorus Ltd Announces Final Dividend of $0.13 (ASX:CNU)
Chorus Ltd (ASX:CNU) announced a final dividend on Friday, September 13th, MarketIndexAU reports. Investors of record on Tuesday, October 8th will be paid a dividend of 0.128 per share on Tuesday, October 8th. This represents a yield of 2.71%. The ex-dividend date is Monday, September 23rd.
Shares of ASX CNU opened at A$4.89 ($3.47) on Friday. Chorus has a 12-month low of A$4.21 ($2.99) and a 12-month high of A$6.07 ($4.30). The stock has a market cap of $2.15 billion and a PE ratio of 42.89. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 319.61. The company has a 50-day moving average of A$5.11 and a 200 day moving average of A$5.42.
In other Chorus news, insider Mark Cross acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was bought at an average price of A$5.10 ($3.62) per share, with a total value of A$25,500.00 ($18,085.11).
Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services over copper and fiber networks for residential and business customers; and very high speed digital subscriber line broadband services. The company also provides colocation services.
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