Insider Buying: Aussie Broadband Limited (ASX:ABB) Insider Buys 6,180 Shares of Stock

Aussie Broadband Limited (ASX:ABB) insider Susan (Sue) Klose bought 6,180 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average price of A$3.93 ($2.49) per share, for a total transaction of A$24,287.40 ($15,371.77).

Aussie Broadband Stock Performance

The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 42.54, a price-to-earnings-growth ratio of 0.32 and a beta of 0.49. The company has a current ratio of 1.29, a quick ratio of 0.52 and a debt-to-equity ratio of 61.66.

Aussie Broadband Dividend Announcement

The company also recently announced a Interim dividend, which will be paid on Sunday, March 23rd. Investors of record on Sunday, March 23rd will be issued a dividend of $0.04 per share. The ex-dividend date is Thursday, March 6th. This represents a yield of 1.07%. Aussie Broadband’s payout ratio is 40.00%.

About Aussie Broadband

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.