JB Hi-Fi Limited (ASX:JBH) to Issue Dividend Increase – $1.83 Per Share

JB Hi-Fi Limited (ASX:JBH) announced a final dividend on Tuesday, August 13th, MarketIndexAU reports. Shareholders of record on Thursday, September 5th will be paid a dividend of 1.83 per share on Thursday, September 5th. This represents a yield of 2.41%. The ex-dividend date of this dividend is Wednesday, August 21st. This is a boost from JB Hi-Fi’s previous final dividend of $1.15.

JB Hi-Fi Stock Performance

The company has a debt-to-equity ratio of 40.27, a quick ratio of 0.20 and a current ratio of 1.17.

JB Hi-Fi Company Profile

JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It provides computers, such as laptops, desktop PCs, iPads, tablets, eBook readers, monitors and projectors, printers and ink, storage devices, keyboards and mouse, computer accessories, as well as software, and home internet and wi-fi products; televisions; headphones, speakers, and audio devices; and smart home appliances.