Macmahon Holdings Limited (ASX:MAH – Get Free Report) insider Michael Finnegan bought 2,716,981 shares of Macmahon stock in a transaction on Thursday, September 19th. The stock was acquired at an average price of A$0.36 ($0.24) per share, for a total transaction of A$964,528.26 ($660,635.79).
Macmahon Stock Performance
The company has a debt-to-equity ratio of 53.85, a quick ratio of 1.04 and a current ratio of 1.25.
Macmahon Increases Dividend
The business also recently announced a Final dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th will be given a $0.006 dividend. This is a positive change from Macmahon’s previous Final dividend of $0.01. The ex-dividend date is Wednesday, September 18th. This represents a dividend yield of 1.76%. Macmahon’s dividend payout ratio (DPR) is 50.00%.
Macmahon Company Profile
Macmahon Holdings Limited provides surface mining, underground mining and mining support, and civil infrastructure services to mining companies in Australia and Southeast Asia. The company operates in three segments: Surface Mining, Underground Mining, and International Mining. Its surface mining services include bulk and selective mining, mine planning and analysis, drill and blast, crushing and screening, fixed plant maintenance, water management, and equipment operation and maintenance.
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