Martin Monro Purchases 15,000 Shares of Service Stream Limited (ASX:SSM) Stock

Service Stream Limited (ASX:SSM) insider Martin Monro bought 15,000 shares of Service Stream stock in a transaction dated Friday, November 1st. The shares were acquired at an average cost of A$1.51 ($1.00) per share, for a total transaction of A$22,620.00 ($14,980.13).

Service Stream Price Performance

The company has a debt-to-equity ratio of 24.36, a quick ratio of 1.31 and a current ratio of 1.38.

Service Stream Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, October 3rd were issued a $0.025 dividend. The ex-dividend date was Tuesday, September 17th. This is a positive change from Service Stream’s previous Final dividend of $0.01. This represents a yield of 1.71%. Service Stream’s dividend payout ratio (DPR) is 100.00%.

About Service Stream

Service Stream Limited designs, constructs, operates and maintains infrastructure networks in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition; and design, construction, engineering, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation.