QV Equities Ltd (ASX:QVE) to Issue Final Dividend of $0.02

QV Equities Ltd (ASX:QVE) announced a final dividend on Thursday, July 9th, MarketIndexAU reports. Stockholders of record on Friday, September 18th will be paid a dividend of 0.022 per share on Friday, September 18th. This represents a dividend yield of 2.67%. The ex-dividend date of this dividend is Wednesday, August 26th.

Shares of QVE stock remained flat at $A$0.78 ($0.53) on Thursday. The company had a trading volume of 461,229 shares. QV Equities has a 52-week low of A$0.61 ($0.42) and a 52-week high of A$1.15 ($0.79). The business has a 50 day moving average of A$0.78 and a two-hundred day moving average of A$0.86. The company has a market cap of $211.46 million and a PE ratio of 18.57.

In other QV Equities news, insider Anton Tagliaferro purchased 152,454 shares of the stock in a transaction on Wednesday, May 27th. The stock was acquired at an average price of A$0.79 ($0.54) per share, with a total value of A$120,286.21 ($82,387.81). Over the last quarter, insiders acquired 400,000 shares of company stock valued at $318,360.

QV Equities Company Profile

QV Equities Limited is a listed investment company launched and managed by Investors Mutual Limited. The firm invests in the public equity markets of Australia. It invests primarily in entities outside of the S&P/ASX 20 Index. The firm invests in the value stocks. It employs a bottom up research to create its portfolio.

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