Mader Group Limited (ASX:MAD) Insider Justin Nuich Acquires 3,460 Shares

Mader Group Limited (ASX:MAD) insider Justin Nuich purchased 3,460 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average price of A$5.75 ($3.64) per share, with a total value of A$19,895.00 ($12,591.77).

Mader Group Stock Performance

The company has a debt-to-equity ratio of 43.48, a quick ratio of 1.40 and a current ratio of 1.69. The firm 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 firm also recently disclosed a Interim dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, April 3rd will be issued a $0.04 dividend. This is an increase from Mader Group’s previous Interim dividend of $0.04. The ex-dividend date is Monday, March 24th. This represents a dividend yield of 0.68%. Mader Group’s dividend payout ratio (DPR) is presently 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.