ADF Group Inc. (DRX) to Issue Semi-Annual Dividend of $0.02 on October 17th

ADF Group Inc. (TSE:DRX) declared a Semi-Annual dividend on Wednesday, September 11th, Zacks reports. Shareholders of record on Friday, September 27th will be given a dividend of 0.02 per share on Thursday, October 17th. The ex-dividend date is Friday, September 27th. This is a boost from ADF Group’s previous Semi-Annual dividend of $0.01.

ADF Group Stock Up 3.4 %

TSE:DRX opened at C$11.41 on Wednesday. The company’s 50-day simple moving average is C$12.94 and its 200-day simple moving average is C$13.53. The company has a debt-to-equity ratio of 32.32, a quick ratio of 1.74 and a current ratio of 2.11. ADF Group has a fifty-two week low of C$4.50 and a fifty-two week high of C$20.80. The stock has a market capitalization of C$203.10 million, a P/E ratio of 6.96 and a beta of 0.62.

About ADF Group

ADF Group Inc engages in the design and engineering of connections including industrial coatings in Canada and the United States. It also fabricates and installs complex steel structures and heavy steel built-ups, as well as miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, including office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures.