Reece Limited Plans Interim Dividend of $0.05 (ASX:REH)

Reece Limited (ASX:REH) declared a interim dividend on Tuesday, February 24th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.054 per share on Tuesday, March 31st. This represents a dividend yield of 33.0%. The ex-dividend date is Monday, March 16th.

Reece Price Performance

The stock has a market capitalization of $14.51 billion, a PE ratio of 34.61, a P/E/G ratio of 1.37 and a beta of 0.83. The company has a quick ratio of 1.07, a current ratio of 2.17 and a debt-to-equity ratio of 47.17.

About Reece

Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015.