Luke Mader Acquires 20,095 Shares of Mader Group Limited (ASX:MAD) Stock

Mader Group Limited (ASX:MAD) insider Luke Mader purchased 20,095 shares of the stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average cost of A$5.27 ($3.31) per share, with a total value of A$105,900.65 ($66,604.18).

Mader Group Price Performance

The company has a debt-to-equity ratio of 43.48, a current ratio of 1.69 and a quick ratio of 1.40. The stock has a market cap of $1.25 billion, a PE ratio of 24.47, a PEG ratio of 0.93 and a beta of 0.72.

Mader Group Increases Dividend

The business also recently disclosed a Interim dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, April 3rd will be given a dividend of $0.04 per share. This represents a yield of 0.68%. This is a boost from Mader Group’s previous Interim dividend of $0.04. The ex-dividend date of this dividend is Monday, March 24th. Mader Group’s dividend payout ratio 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.