Service Stream Limited (ASX:SSM – Get Free Report) insider Leigh Mackender acquired 794,792 shares of the firm’s stock in a transaction on Wednesday, September 11th. The stock was purchased at an average cost of A$1.41 ($0.95) per share, with a total value of A$1,116,682.76 ($754,515.38).
Service Stream Stock Performance
The company has a current ratio of 1.38, a quick ratio of 1.31 and a debt-to-equity ratio of 24.36.
Service Stream Increases Dividend
The firm also recently disclosed a Final dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Thursday, October 3rd will be issued a dividend of $0.025 per share. The ex-dividend date is Tuesday, September 17th. This is an increase from Service Stream’s previous Final dividend of $0.01. This represents a yield of 1.71%. Service Stream’s payout ratio is currently 100.00%.
Service Stream Company Profile
Service Stream Limited designs, constructs, operates and maintains infrastructure networks in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition; and design, construction, engineering, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation.
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