Insider Buying: Mader Group Limited (ASX:MAD) Insider Purchases 20,095 Shares of Stock

Mader Group Limited (ASX:MAD) insider Luke Mader purchased 20,095 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was purchased at an average price of A$5.27 ($3.36) per share, for a total transaction of A$105,900.65 ($67,452.64).

Mader Group Price Performance

The company has a market cap of $1.25 billion, a P/E ratio of 24.47, a P/E/G ratio of 0.93 and a beta of 0.72. The company has a debt-to-equity ratio of 43.48, a quick ratio of 1.40 and a current ratio of 1.69.

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 issued a dividend of $0.04 per share. This represents a yield of 0.68%. This is a boost from Mader Group’s previous Interim dividend of $0.04. The ex-dividend date is Monday, March 24th. Mader Group’s dividend payout ratio (DPR) is presently 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.