Chorus Limited (ASX:CNU) Raises Dividend to $0.22 Per Share

Chorus Limited (ASX:CNU) announced a final dividend on Thursday, September 12th, MarketIndexAU reports. Stockholders of record on Monday, October 7th will be paid a dividend of 0.222 per share on Monday, October 7th. This represents a dividend yield of 2.61%. The ex-dividend date is Sunday, September 15th. This is a boost from Chorus’s previous final dividend of $0.20.

Chorus Price Performance

The company has a debt-to-equity ratio of 429.61, a current ratio of 0.37 and a quick ratio of 0.49.

About Chorus

Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and asymmetric digital subscriber line and high-speed digital subscriber line broadband services, as well as solutions for transport and infrastructure.