Peter Barker Acquires 10,500 Shares of Downer EDI Limited (ASX:DOW) Stock

Downer EDI Limited (ASX:DOW) insider Peter Barker purchased 10,500 shares of Downer EDI stock in a transaction that occurred on Friday, February 14th. The shares were bought at an average cost of A$5.39 ($3.45) per share, with a total value of A$56,542.50 ($36,245.19).

Downer EDI Stock Performance

The company has a quick ratio of 1.00, a current ratio of 1.14 and a debt-to-equity ratio of 87.00. The stock has a market cap of $3.59 billion, a P/E ratio of 51.91, a P/E/G ratio of 1.17 and a beta of 1.66.

Downer EDI Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th will be given a dividend of $0.108 per share. The ex-dividend date is Tuesday, February 25th. This is a boost from Downer EDI’s previous Interim dividend of $0.06. This represents a yield of 2.07%. Downer EDI’s dividend payout ratio is 170.00%.

About Downer EDI

Downer EDI Limited operates as an integrated facilities management services provider in Australia and New Zealand. It operates through Transport, Utilities, and Facilities segments. The company offers road and transport infrastructure services including road network management, routine road maintenance, asset management systems, spray sealing, asphalt laying, and manufacturing and supply of bitumen-based products, and asphalt products, as well as provides landfill diversion solutions and intelligent transport systems; and design and construction of light rail and heavy rail networks, signaling, track and station works, rail safety technology, and bridges.