Imdex Limited (ASX:IMD – Get Free Report) insider Tracey Arlaud purchased 6,400 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was bought at an average cost of A$1.64 ($1.13) per share, for a total transaction of A$10,496.00 ($7,238.62).
Imdex Price Performance
The company has a quick ratio of 2.08, a current ratio of 2.28 and a debt-to-equity ratio of 22.34.
Imdex Cuts Dividend
The company also recently declared a Final dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Wednesday, October 9th will be issued a dividend of $0.013 per share. The ex-dividend date is Tuesday, September 24th. This represents a dividend yield of 0.62%. Imdex’s dividend payout ratio is 50.00%.
Imdex Company Profile
Imdex Limited, together with its subsidiaries, provides drilling optimization products and sensors for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas. The company sells and rents drilling optimization products, including drilling fluids, solids removal units, remote fluid management, rig alignment technologies, and directional drilling technologies; and rents rock knowledge sensors, which include down hole survey, core orientation, gamma logging, and structural orientation sensors.
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