Mader Group Limited (ASX:MAD) Declares Final Dividend of $0.04

Mader Group Limited (ASX:MAD) declared a final dividend on Monday, September 16th, MarketIndexAU reports. Investors of record on Thursday, October 3rd will be paid a dividend of 0.04 per share on Thursday, October 3rd. This represents a yield of 0.76%. The ex-dividend date is Wednesday, September 18th. This is an increase from Mader Group’s previous final dividend of $0.03.

Mader Group Stock Performance

The company has a current ratio of 1.69, a quick ratio of 1.40 and a debt-to-equity ratio of 43.48.

Insider Buying and Selling at Mader Group

In other news, insider Luke Mader sold 10,000,000 shares of the firm’s stock in a transaction dated Wednesday, June 19th. The shares were sold at an average price of A$6.15 ($4.16), for a total value of A$61,500,000.00 ($41,554,054.05). In related news, insider Luke Mader sold 10,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 19th. The shares were sold at an average price of A$6.15 ($4.16), for a total transaction of A$61,500,000.00 ($41,554,054.05). Also, insider Justin Nuich bought 5,650 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were purchased at an average cost of A$5.31 ($3.59) per share, with a total value of A$30,012.80 ($20,278.92). 73.95% of the stock is owned by insiders.

Mader Group Company Profile

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.