Insider Buying: Mader Group Limited (ASX:MAD) Insider Purchases 3,460 Shares of Stock

Mader Group Limited (ASX:MAD) insider Justin Nuich purchased 3,460 shares of Mader Group stock in a transaction that occurred on Friday, March 7th. The shares were bought at an average price of A$5.75 ($3.62) per share, for a total transaction of A$19,895.00 ($12,512.58).

Mader Group Stock Performance

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

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 paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Mader Group’s previous Interim dividend of $0.04. This represents a dividend yield of 0.68%. Mader Group’s payout ratio is 33.33%.

About Mader Group

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.