Martin Monro Buys 15,000 Shares of Service Stream Limited (ASX:SSM) Stock

Service Stream Limited (ASX:SSM) insider Martin Monro acquired 15,000 shares of Service Stream stock in a transaction dated Friday, November 1st. The stock was purchased at an average cost of A$1.51 ($1.00) per share, for a total transaction of A$22,620.00 ($14,980.13).

Service Stream Price Performance

The company has a quick ratio of 1.31, a current ratio of 1.38 and a debt-to-equity ratio of 24.36.

Service Stream Increases Dividend

The firm also recently disclosed a Final dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, October 3rd were given a $0.025 dividend. The ex-dividend date of this dividend was Tuesday, September 17th. This represents a dividend yield of 1.71%. This is a positive change from Service Stream’s previous Final dividend of $0.01. Service Stream’s dividend payout ratio is presently 100.00%.

About Service Stream

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.