Imdex Limited (ASX:IMD – Get Free Report) insider Paul House acquired 424,962 shares of Imdex stock in a transaction that occurred on Wednesday, September 11th. The stock was bought at an average cost of A$2.16 ($1.46) per share, with a total value of A$917,917.92 ($620,214.81).
Imdex Price Performance
The company has a debt-to-equity ratio of 22.34, a quick ratio of 2.08 and a current ratio of 2.28.
Imdex Cuts Dividend
The firm also recently declared a Final dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th will be issued a $0.013 dividend. This represents a yield of 0.62%. The ex-dividend date is Tuesday, September 24th. Imdex’s payout ratio is 50.00%.
About Imdex
Imdex Limited, together with its subsidiaries, provides drilling optimization products and sensors for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas. The company sells and rents drilling optimization products, including drilling fluids, solids removal units, remote fluid management, rig alignment technologies, and directional drilling technologies; and rents rock knowledge sensors, which include down hole survey, core orientation, gamma logging, and structural orientation sensors.
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