MotorCycle Holdings Limited (ASX:MTO) to Issue Dividend Increase – $0.08 Per Share

MotorCycle Holdings Limited (ASX:MTO) declared a interim dividend on Thursday, February 27th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.08 per share on Wednesday, March 26th. This represents a dividend yield of 4.04%. The ex-dividend date is Tuesday, March 11th. This is a positive change from MotorCycle’s previous interim dividend of $0.03.

MotorCycle Stock Performance

The firm has a market cap of $132.85 million, a PE ratio of 9.40, a price-to-earnings-growth ratio of -1.28 and a beta of 1.26. The company has a quick ratio of 0.18, a current ratio of 1.78 and a debt-to-equity ratio of 72.19.

About MotorCycle

MotorCycle Holdings Limited owns and operates motorcycle dealerships in Australia. It operates through two segments, Motorcycle Retailing and Motorcycle Accessories Wholesaling. The company is involved in the sale of new motorcycles, used motorcycles, accessories and parts, and mechanical protection plan contracts; wholesaling and retailing of motorcycle accessories; and financing and insurance services for motorcycle purchases through third-party sources, as well as servicing and repair of motorcycles.