FRR
Frigrite (FRR) is one of the leading suppliers of refrigeration products and services to supermarket operators in Australia. The company provides a complete package of services to its customers by designing and manufacturing built-to-order refrigeration cabinets, installing refrigeration systems (including refrigeration cabinets) and providing ongoing maintenance or refrigeration systems. FRR has been operating in the supermarket sector since the 1960s, providing its refrigerated products to the market. The company was listed on the ASX on 17 March 2005.
Examine the past dividends for Frigrite. Dividends are a portion of company profits paid out to shareholders. If Frigrite Limited has announced a dividend, you may be eligible to receive FRR dividends if you own the company's stock on the ex-dividend date. Investors must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.
ABN Amro have upgraded their recommendation for the Frigrite (FRR) stock to Buy from Hold due to recent share price weakness. The broker has met with company management and is confident revised FY06 guidance can be met.
Frigrite Limited is listed on the Australian Stock Exchange (ASX) under stock code FRR. You can view their investor website here. The company is principally involved in the manufacture, supply and service of commercial refrigeration. Check your charts!
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