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CTI Logistics Limited (ASX:CLX) Increases Dividend to $0.05 Per Share

Financial News Live ·  Feb 28, 2023 10:03

CTI Logistics Limited (ASX:CLX – Get Rating) declared a interim dividend on Tuesday, February 28th, MarketIndexAU reports. Investors of record on Wednesday, April 5th will be given a dividend of 0.05 per share on Wednesday, April 5th. This represents a yield of 2.97%. The ex-dividend date is Tuesday, February 28th. This is a boost from CTI Logistics's previous interim dividend of $0.02.

CTI Logistics Price Performance

The company has a debt-to-equity ratio of 67.57, a current ratio of 0.95 and a quick ratio of 0.92.

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About CTI Logistics

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CTI Logistics Limited provides transport and logistics services in Australia. It operates through three segments: Transport, Logistics, and Property. The company offers transport services, such as courier, parcel distribution, taxi truck, fleet management, heavy haulage, line haul, container handling, and freight forwarding services.

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