NZME Limited (ASX:NZM) Declares Final Dividend of $0.05

NZME Limited (ASX:NZM) declared a final dividend on Wednesday, February 25th, MarketIndexAU Dividends reports. Stockholders of record on Tuesday, March 17th will be paid a dividend of 0.051 per share on Tuesday, March 17th. This represents a dividend yield of 518.0%. The ex-dividend date is Wednesday, March 4th.

NZME Stock Performance

The company has a market capitalization of $196.65 million, a price-to-earnings ratio of 16.37 and a beta of 0.92. The company has a current ratio of 1.00, a quick ratio of 0.76 and a debt-to-equity ratio of 92.90.

About NZME

NZME Limited, together with its subsidiaries, engages in the integrated media and entertainment business in New Zealand. It operates through Audio, Publishing, OneRoof, and Other segments. The company operates terrestrial radio stations, digital iHeartRadio, podcasts, and radio brand websites; print publications and digital news websites including nzherald.co.nz. and BusinessDesk; oneroof.co.nz website; and real estate print publications. The company was formerly known as Wilson & Horton Limited.