Redcape Hotel Group Pty (RDC) Reaches New 1-Year High at $1.12

Redcape Hotel Group Pty Ltd (ASX:RDC)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as A$1.12 ($0.79) and last traded at A$1.12 ($0.79), with a volume of 434880 shares traded. The stock had previously closed at A$1.09 ($0.77).

The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 68.72. The firm has a market capitalization of $617.62 million and a P/E ratio of 25.45.

The firm also recently declared a Interim dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 31st were issued a dividend of $0.022 per share. The ex-dividend date was Thursday, March 28th. This represents a dividend yield of 2.05%. This is a boost from Redcape Hotel Group Pty’s previous Interim dividend of $0.01. Redcape Hotel Group Pty’s payout ratio is 68.18%.

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About Redcape Hotel Group Pty (ASX:RDC)

Redcape Hotel Group operates in the hotel business in Australia. It operates pubs and hotels New South Wales and Queensland. The company's pubs and hotels offer food and beverage options, mixed entertainment, gaming, and accommodation services. It is also involved in the retail liquor business that sells packed alcoholic goods to customers for off-premise consumption; and production and sale of craft beer.

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