Qualitas Limited (ASX:QAL) Plans Dividend Increase – $0.06 Per Share

Qualitas Limited (ASX:QAL) announced a final dividend on Tuesday, September 10th, MarketIndexAU reports. Investors of record on Wednesday, October 2nd will be paid a dividend of 0.058 per share on Wednesday, October 2nd. This represents a yield of 2.45%. The ex-dividend date of this dividend is Tuesday, September 10th. This is an increase from Qualitas’s previous final dividend of $0.06.

Qualitas Price Performance

The company has a debt-to-equity ratio of 80.46, a quick ratio of 10.67 and a current ratio of 4.07.

About Qualitas

Qualitas is a real estate investment firm which focuses on direct investment in all real estate classes and geographies, acquisitions and restructuring of distressed debt, third party capital raisings and consulting services. It seeks to provide bridge loans in the major markets of the Australian east coast, and particularly the medium and high density residential development sector.