Mader Group Limited (ASX:MAD) Insider Buys A$105,900.65 in Stock

Mader Group Limited (ASX:MAD) insider Luke Mader bought 20,095 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was bought at an average price of A$5.27 ($3.36) per share, with a total value of A$105,900.65 ($67,452.64).

Mader Group Stock Performance

The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 24.47, a price-to-earnings-growth ratio of 0.93 and a beta of 0.72. The company has a debt-to-equity ratio of 43.48, a quick ratio of 1.40 and a current ratio of 1.69.

Mader Group Increases Dividend

The firm also recently declared a Interim dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, April 3rd will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a dividend yield of 0.68%. This is an increase from Mader Group’s previous Interim dividend of $0.04. Mader Group’s dividend payout ratio (DPR) is currently 33.33%.

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.