Downer EDI Limited (ASX:DOW) Insider Buys A$41,827.30 in Stock

Downer EDI Limited (ASX:DOW) insider Steven MacDonald bought 7,504 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were acquired at an average price of A$5.57 ($3.46) per share, with a total value of A$41,827.30 ($25,979.69).

Steven MacDonald also recently made the following trade(s):

• On Thursday, February 20th, Steven MacDonald purchased 5,000 shares of Downer EDI stock. The stock was acquired at an average price of A$5.40 ($3.35) per share, for a total transaction of A$27,000.00 ($16,770.19).

Downer EDI Stock Performance

The company has a debt-to-equity ratio of 87.00, a quick ratio of 1.00 and a current ratio of 1.14. The stock has a market cap of $3.59 billion, a PE ratio of 51.91, a price-to-earnings-growth ratio of 1.17 and a beta of 1.66.

Downer EDI Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th will be given a dividend of $0.108 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This is an increase from Downer EDI’s previous Interim dividend of $0.06. This represents a yield of 2.07%. Downer EDI’s payout ratio is 170.00%.

Downer EDI Company Profile

Downer EDI Limited operates as an integrated facilities management services provider in Australia and New Zealand. It operates through Transport, Utilities, and Facilities segments. The company offers road and transport infrastructure services including road network management, routine road maintenance, asset management systems, spray sealing, asphalt laying, and manufacturing and supply of bitumen-based products, and asphalt products, as well as provides landfill diversion solutions and intelligent transport systems; and design and construction of light rail and heavy rail networks, signaling, track and station works, rail safety technology, and bridges.