Austin Engineering Limited (ASX:ANG – Get Free Report) insider David Singleton purchased 16,254,612 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was acquired at an average cost of A$0.50 ($0.33) per share, for a total transaction of A$8,127,306.00 ($5,418,204.00).
Austin Engineering Stock Performance
The company has a debt-to-equity ratio of 35.30, a quick ratio of 0.90 and a current ratio of 1.23.
Austin Engineering Increases Dividend
The company also recently disclosed a Final dividend, which will be paid on Sunday, October 6th. Stockholders of record on Sunday, October 6th will be issued a dividend of $0.008 per share. This represents a dividend yield of 1.65%. This is a boost from Austin Engineering’s previous Final dividend of $0.00. The ex-dividend date is Wednesday, September 11th. Austin Engineering’s dividend payout ratio is 20.00%.
About Austin Engineering
Austin Engineering Limited, together with its subsidiaries, manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors. It offers excavator, face shovel, front end loader, and stemming buckets; rope shovel dippers; and wear liner kits for mining applications, including hard rock, iron ore, and coal.
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