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

Aussie Broadband Limited (ASX:ABBGet Free Report) insider Phillip Britt sold 300,000 shares of the company’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 transaction of A$1,140,000.00 ($750,000.00).

Aussie Broadband Stock Performance

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

Aussie Broadband Dividend Announcement

The firm also recently announced a Final dividend, which was paid on Sunday, September 29th. Stockholders of record on Sunday, September 29th were given a $0.04 dividend. This represents a dividend yield of 1.1%. The ex-dividend date was Thursday, September 5th. Aussie Broadband’s dividend payout ratio is presently 40.00%.

About Aussie Broadband

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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.

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