Globe International Limited (ASX:GLB) to Issue Dividend Increase – $0.10 Per Share

Globe International Limited (ASX:GLB) announced a interim dividend on Friday, February 28th, MarketIndexAU Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.10 per share on Thursday, March 27th. This represents a dividend yield of 2.78%. The ex-dividend date of this dividend is Wednesday, March 12th. This is a boost from Globe International’s previous interim dividend of $0.09.

Globe International Price Performance

The company has a debt-to-equity ratio of 34.44, a quick ratio of 0.81 and a current ratio of 2.49. The firm has a market capitalization of $141.05 million, a price-to-earnings ratio of 91.76 and a beta of 1.22.

Globe International Company Profile

Globe International Limited, together with its subsidiaries, designs, produces, and distributes purpose-built apparel, footwear, and skateboard hardgoods for the boardsports, street fashion, outdoor, and workwear markets in Australasia, North America, Europe, and internationally. The company markets its products under various proprietary brands, such as Globe, Salty Crew, FXD, It’s Now Cool, X/DMG, DOT BOARDS, MILKBAR BIKES, and Impala Skate.