Imdex Limited (ASX:IMD – Get Free Report) insider Paul House purchased 424,962 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The stock was bought at an average price of A$2.16 ($1.46) per share, for a total transaction of A$917,917.92 ($620,214.81).
Imdex Stock Performance
The company has a quick ratio of 2.08, a current ratio of 2.28 and a debt-to-equity ratio of 22.34.
Imdex Cuts Dividend
The firm also recently announced a Final dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th will be paid a dividend of $0.013 per share. The ex-dividend date of this dividend is Tuesday, September 24th. This represents a yield of 0.62%. Imdex’s dividend payout ratio is 50.00%.
Imdex Company Profile
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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