Qualitas Limited (ASX:QAL) Plans Interim Dividend of $0.04

Qualitas Limited (ASX:QAL) announced a interim dividend on Tuesday, February 17th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, March 18th will be paid a dividend of 0.035 per share on Wednesday, March 18th. This represents a yield of 107.0%. The ex-dividend date is Monday, March 2nd.

Qualitas Price Performance

The company has a market cap of $764.09 million, a price-to-earnings ratio of 29.01 and a beta of 0.18. The company has a current ratio of 0.78, a quick ratio of 10.67 and a debt-to-equity ratio of 80.46.

About Qualitas

Qualitas is a real estate investment firm which focuses on direct investment in all real estate classes and geographies, acquisitions and restructuring of distressed debt, third party capital raisings and consulting services. It seeks to provide bridge loans in the major markets of the Australian east coast, and particularly the medium and high density residential development sector. Qualitas is based in Melbourne, Australia with an additional office in Sydney, Australia. It operates as a subsidiary of Qualitas Group.