Service Stream Limited (ASX:SSM) Plans Dividend Increase – $0.03 Per Share

Service Stream Limited (ASX:SSM) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of 0.025 per share on Thursday, October 3rd. This represents a yield of 1.71%. The ex-dividend date of this dividend is Tuesday, September 17th. This is a boost from Service Stream’s previous final dividend of $0.01.

Service Stream Stock Performance

The company has a quick ratio of 1.31, a current ratio of 1.38 and a debt-to-equity ratio of 24.36.

Service Stream Company Profile

Service Stream Limited designs, constructs, operates and maintains infrastructure networks in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition; and design, construction, engineering, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation.