Insider Buying: Downer EDI Limited (ASX:DOW) Insider Purchases 10,500 Shares of Stock

Downer EDI Limited (ASX:DOW) insider Peter Barker purchased 10,500 shares of Downer EDI stock in a transaction on Friday, February 14th. The stock was bought at an average price of A$5.39 ($3.43) per share, for a total transaction of A$56,542.50 ($36,014.33).

Downer EDI Stock Performance

The company has a quick ratio of 1.00, a current ratio of 1.14 and a debt-to-equity ratio of 87.00. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 51.91, a P/E/G ratio of 1.17 and a beta of 1.66.

Downer EDI Increases Dividend

The business also recently disclosed a Interim dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 26th will be paid a $0.108 dividend. The ex-dividend date is Tuesday, February 25th. This is an increase from Downer EDI’s previous Interim dividend of $0.06. This represents a dividend yield of 2.07%. Downer EDI’s dividend payout ratio is 170.00%.

About Downer EDI

Downer EDI Limited operates as an integrated facilities management services provider in Australia and New Zealand. It operates through Transport, Utilities, and Facilities segments. The company offers road and transport infrastructure services including road network management, routine road maintenance, asset management systems, spray sealing, asphalt laying, and manufacturing and supply of bitumen-based products, and asphalt products, as well as provides landfill diversion solutions and intelligent transport systems; and design and construction of light rail and heavy rail networks, signaling, track and station works, rail safety technology, and bridges.