Lycopodium Limited (ASX:LYL) Plans Dividend Increase – $0.45 Per Share

Lycopodium Limited (ASX:LYL) announced a final dividend on Friday, September 15th, MarketIndexAU reports. Investors of record on Thursday, October 5th will be paid a dividend of 0.45 per share on Thursday, October 5th. This represents a dividend yield of 4.36%. The ex-dividend date of this dividend is Wednesday, September 20th. This is an increase from Lycopodium’s previous final dividend of $0.36.

Lycopodium Price Performance

The company has a debt-to-equity ratio of 13.90, a quick ratio of 1.58 and a current ratio of 1.95.

About Lycopodium

Lycopodium Limited provides engineering and project delivery services in the resources, infrastructure, and industrial processes sectors. It operates through four segments: Mineral, Process Industries, Project Services-Africa, and Others. The company provides engineering and related services to junior exploration companies, multinational producers, and manufacturing and renewable energy facilities; project management, construction management, and commissioning services to the extractive mining industry; and asset management, engineering, architectural, and project delivery services to a range of private and public clients.