Base Resources Limited (ASX:BSE) Increases Dividend to $0.04 Per Share

Base Resources Limited (ASX:BSE) announced a final dividend on Thursday, September 7th, MarketIndexAU reports. Shareholders of record on Wednesday, September 27th will be given a dividend of 0.04 per share on Wednesday, September 27th. This represents a yield of 17.78%. The ex-dividend date is Thursday, September 7th. This is a positive change from Base Resources’s previous final dividend of $0.03.

Base Resources Stock Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.81 and a current ratio of 4.86.

Base Resources Company Profile

Base Resources Limited operates as mineral sand developer and producer in Africa. It operates through Kwale Operation, Toliara Project, and Other segments. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns a 100% interest in the Kwale Mineral Sands project located in Kenya; and develops the Toliara project located in Madagascar.