Rural Funds Group Announces Interim Dividend of $0.03 (ASX:RFF)

Rural Funds Group (ASX:RFF) declared a interim dividend on Tuesday, March 3rd, MarketIndexAU Dividends reports. Investors of record on Wednesday, April 29th will be paid a dividend of 0.029 per share on Wednesday, April 29th. This represents a yield of 138.0%. The ex-dividend date of this dividend is Sunday, March 29th.

Rural Funds Group Price Performance

The company has a current ratio of 1.26, a quick ratio of 0.61 and a debt-to-equity ratio of 79.23. The stock has a market capitalization of $834.01 million, a P/E ratio of 13.59 and a beta of 0.64.

About Rural Funds Group

Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties. RFF is a stapled security, incorporating Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805).