Insider Buying: Mader Group Limited (ASX:MAD) Insider Acquires A$105,900.65 in Stock

Mader Group Limited (ASX:MAD) insider Luke Mader acquired 20,095 shares of the stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of A$5.27 ($3.31) per share, with a total value of A$105,900.65 ($66,604.18).

Mader Group Stock Performance

The company has a debt-to-equity ratio of 43.48, a quick ratio of 1.40 and a current ratio of 1.69. The stock has a market capitalization of $1.25 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 0.93 and a beta of 0.72.

Mader Group Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, April 3rd will be given a $0.04 dividend. The ex-dividend date is Monday, March 24th. This represents a yield of 0.68%. This is an increase from Mader Group’s previous Interim dividend of $0.04. Mader Group’s dividend payout ratio (DPR) 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.