Solvar Limited (ASX:SVR) Plans Dividend Increase – $0.06 Per Share

Solvar Limited (ASX:SVR) declared a interim dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, April 2nd will be paid a dividend of 0.06 per share on Wednesday, April 2nd. This represents a yield of 4.17%. The ex-dividend date is Monday, March 3rd. This is a positive change from Solvar’s previous interim dividend of $0.05.

Solvar Price Performance

The stock has a market capitalization of $277.64 million, a PE ratio of 16.75 and a beta of 1.70.

About Solvar

Solvar Limited provides automotive and personal finance in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, motorbikes, utility vehicles, trailers, tractors, trucks, caravan, boats, horse floats, ride on mowers, equipment, and jet skis, as well as secured and unsecured personal loans.