Service Stream Limited (ASX:SSM) Insider Martin Monro Buys 15,000 Shares

Service Stream Limited (ASX:SSM) insider Martin Monro bought 15,000 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was bought at an average cost of A$1.51 ($1.00) per share, for a total transaction of A$22,620.00 ($14,980.13).

Service Stream Stock Performance

The company has a debt-to-equity ratio of 24.36, a quick ratio of 1.31 and a current ratio of 1.38.

Service Stream Increases Dividend

The business also recently announced a Final dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, October 3rd were given a $0.025 dividend. The ex-dividend date of this dividend was Tuesday, September 17th. This is a positive change from Service Stream’s previous Final dividend of $0.01. This represents a yield of 1.71%. Service Stream’s payout ratio is 100.00%.

Service Stream Company Profile

Service Stream Limited designs, constructs, operates and maintains infrastructure networks in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition; and design, construction, engineering, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation.