Austin Engineering Limited (ASX:ANG – Get Free Report) insider David Singleton bought 16,254,612 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was purchased at an average price 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 current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 35.30.
Austin Engineering Increases Dividend
The firm also recently announced a Final dividend, which will be paid on Sunday, October 6th. Shareholders of record on Sunday, October 6th will be paid a dividend of $0.008 per share. This is a boost from Austin Engineering’s previous Final dividend of $0.00. The ex-dividend date is Wednesday, September 11th. This represents a yield of 1.65%. Austin Engineering’s dividend payout ratio (DPR) 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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