Mader Group Limited (ASX:MAD – Get Free Report) insider Craig Burton sold 982,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of A$6.71 ($4.36), for a total value of A$6,590,202.00 ($4,279,351.95).
Mader Group Price Performance
The company has a current ratio of 1.69, a quick ratio of 1.40 and a debt-to-equity ratio of 43.48.
Mader Group Increases Dividend
The business also recently disclosed a Final dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, October 3rd were issued a dividend of $0.04 per share. The ex-dividend date was Wednesday, September 18th. This represents a dividend yield of 0.76%. This is an increase from Mader Group’s previous Final dividend of $0.03. Mader Group’s dividend payout ratio is 33.33%.
About Mader Group
Mader Group Limited, a contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia and internationally. It offers fabrication and line boring, electrical services, mechanical maintenance, and component exchange; infrastructure maintenance, rail services, power generation and marine, road transport maintenance, maintenance project, specialised tool hire, clean team, maintenance centre, and training and mentoring services.
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