Imdex Limited (ASX:IMD – Get Free Report) insider Paul House acquired 424,962 shares of Imdex stock in a transaction dated Wednesday, September 11th. The shares were purchased at an average price of A$2.16 ($1.46) per share, with a total value of A$917,917.92 ($620,214.81).
Imdex Price Performance
The company has a debt-to-equity ratio of 22.34, a current ratio of 2.28 and a quick ratio of 2.08.
Imdex Cuts Dividend
The firm also recently announced a Final dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Wednesday, October 9th will be given a $0.013 dividend. The ex-dividend date is Tuesday, September 24th. This represents a dividend yield of 0.62%. Imdex’s payout ratio is presently 50.00%.
About Imdex
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.
Featured Stories
- Five stocks we like better than Imdex
- How to Invest in the FAANG Stocks
- Analysts Predict 85% Upside for Wave Life Sciences After Rate Cut
- How Investors Can Find the Best Cheap Dividend Stocks
- FedEx Stock Dips: Another Reason to Fear Recession Is Near
- Dividend Capture Strategy: What You Need to Know
- The Half-Penny Revolution: Will SEC’s Reform Benefit Investors?
Receive News & Ratings for Imdex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imdex and related companies with MarketBeat.com's FREE daily email newsletter.
