CTI Logistics Limited (CLX) to Issue Interim Dividend of $0.06 on March 30th

CTI Logistics Limited (ASX:CLX) declared a interim dividend on Thursday, February 26th, MarketIndexAU Dividends reports. Stockholders of record on Monday, March 30th will be paid a dividend of 0.06 per share on Monday, March 30th. This represents a dividend yield of 265.0%. The ex-dividend date is Tuesday, March 17th.

CTI Logistics Price Performance

The firm has a market capitalization of $149.70 million, a price-to-earnings ratio of 9.11 and a beta of 0.92. The company has a debt-to-equity ratio of 97.50, a quick ratio of 0.92 and a current ratio of 0.91.

About CTI Logistics

CTI Logistics Limited provides transport and logistics services in Australia. It operates through Transport Services, Logistics Services, and Property segments. The company offers transport services, such as courier, parcel distribution, taxi truck, fleet management, heavy haulage, line haul, and freight forwarding services. It also provides flooring logistics services; and warehousing and distribution services, including contracted distribution center, overflow warehousing, temperature controlled storage and delivery, pick and pack, bulk product storage, external laydown area storage, stock control management, and quarantine inspection and processing services.