MaxiPARTS Limited (ASX:MXI) Raises Dividend to $0.03 Per Share

MaxiPARTS Limited (ASX:MXI) announced a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, March 19th will be paid a dividend of 0.03 per share on Wednesday, March 19th. This represents a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, February 25th. This is a positive change from MaxiPARTS’s previous interim dividend of $0.03.

MaxiPARTS Price Performance

The company has a debt-to-equity ratio of 68.11, a current ratio of 2.40 and a quick ratio of 1.14. The company has a market cap of $103.72 million, a P/E ratio of 37.40, a price-to-earnings-growth ratio of 0.26 and a beta of 0.58.

MaxiPARTS Company Profile

MaxiPARTS Limited, together with its subsidiaries, distributes and sells commercial truck and trailer parts in Australia. The company sells, wholesales, and trades in commercial vehicle parts to road transport operators, as well as commercial vehicle service and repair providers under the MaxiPARTS brand.