Reliance Worldwide Co. Limited (ASX:RWC) to Issue Dividend Increase – $0.04 Per Share

Reliance Worldwide Co. Limited (ASX:RWC) announced a interim dividend on Wednesday, February 19th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, April 3rd will be paid a dividend of 0.04 per share on Thursday, April 3rd. This represents a dividend yield of 0.79%. The ex-dividend date of this dividend is Wednesday, March 5th. This is an increase from Reliance Worldwide’s previous interim dividend of $0.04.

Reliance Worldwide Price Performance

The firm has a market cap of $2.53 billion, a PE ratio of 27.48, a P/E/G ratio of 1.42 and a beta of 1.05. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 44.35.

Reliance Worldwide Company Profile

Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for plumbing and heating industries. It offers plumbing solutions comprising brass and plastic push-to-connect plumbing fittings, other fittings, pipes, valves, and integrated installation solutions; appliance installations solutions, such as fluid tech and appliance installation and repair services; and other products.