BrilliA Inc (NYSEAMERICAN:BRIA) Announces $0.13 Dividend

Key Points

• BrilliA Inc declared a dividend of $0.13 per share, with an impressive dividend yield of 554.0%, payable on September 30th.
• The stock opened at $2.40 and has ranged from a one-year low of $1.78 to a one-year high of $4.95.
• BrilliA Inc is a cross-border solution provider based in Singapore, specializing in managing sales and customer relationships for major ladies' intimate apparel brands.

BrilliA Inc (NYSEAMERICAN:BRIA - Get Free Report) declared a dividend on Thursday, September 11th, investing.com reports. Investors of record on Tuesday, September 16th will be given a dividend of 0.133 per share on Tuesday, September 30th. This represents a yield of 554.0%. The ex-dividend date is Monday, September 15th.

BrilliA Stock Performance

NYSEAMERICAN:BRIA traded down $0.03 during mid-day trading on Tuesday, hitting $2.29. The company's stock had a trading volume of 49,513 shares, compared to its average volume of 226,205. BrilliA has a fifty-two week low of $1.78 and a fifty-two week high of $4.95. The stock has a fifty day moving average of $2.45 and a 200-day moving average of $2.44.

Analysts Set New Price Targets

Several research analysts recently issued reports on BRIA shares. Industrial Alliance Securities set a $5.00 price target on shares of BrilliA in a research report on Friday, August 29th. Alliance Global Partners assumed coverage on shares of BrilliA in a report on Friday, August 29th. They set a "buy" rating and a $5.00 price objective for the company. Finally, Citigroup assumed coverage on shares of BrilliA in a report on Friday, August 29th. They set a "buy" rating for the company. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $5.00.

About BrilliA

BrilliA Inc is a one-stop service cross-border solution provider for ladies' intimate apparel brands, managing sales and customer relationships with major clients like Fruit of the Loom, Hanes Brands Inc and H&M. BrilliA Inc is based in SINGAPORE.