Aussie Broadband Limited (ASX:ABB) Insider Phillip Britt Sells 300,000 Shares

Aussie Broadband Limited (ASX:ABB) insider Phillip Britt sold 300,000 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of A$3.80 ($2.50), for a total value of A$1,140,000.00 ($750,000.00).

Aussie Broadband Stock Performance

The company has a current ratio of 1.29, a quick ratio of 0.52 and a debt-to-equity ratio of 61.66.

Aussie Broadband Announces Dividend

The business also recently declared a Final dividend, which was paid on Sunday, September 29th. Investors of record on Sunday, September 29th were given a dividend of $0.04 per share. This represents a yield of 1.1%. The ex-dividend date of this dividend was Thursday, September 5th. Aussie Broadband’s dividend payout ratio is currently 40.00%.

Aussie Broadband Company Profile

Aussie Broadband Limited provides telecommunications services to residential and businesses in Australia. It operates in four segments: Residential, Business, Wholesale, and Enterprise & Government. The company offers g fixed broadband, telephony, mobile, and other value add services; and connectivity, voice, managed network, security, cloud, and support services.