Insider Buying: Downer EDI Limited (ASX:DOW) Insider Buys 5,000 Shares of Stock

Downer EDI Limited (ASX:DOW) insider Steven MacDonald bought 5,000 shares of the stock in a transaction dated Thursday, February 20th. The shares were acquired at an average price of A$5.40 ($3.35) per share, with a total value of A$27,000.00 ($16,770.19).

Steven MacDonald also recently made the following trade(s):

• On Tuesday, February 25th, Steven MacDonald purchased 7,504 shares of Downer EDI stock. The stock was bought at an average price of A$5.57 ($3.46) per share, for a total transaction of A$41,827.30 ($25,979.69).

Downer EDI Stock Performance

The company has a quick ratio of 1.00, a current ratio of 1.14 and a debt-to-equity ratio of 87.00. The company has a market cap of $3.59 billion, a PE ratio of 51.91, a price-to-earnings-growth ratio of 1.17 and a beta of 1.66.

Downer EDI Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 26th will be given a $0.108 dividend. This represents a dividend yield of 2.07%. The ex-dividend date of this dividend is Tuesday, February 25th. This is a positive change from Downer EDI’s previous Interim dividend of $0.06. Downer EDI’s payout ratio is currently 170.00%.

About Downer EDI

Downer EDI Limited operates as an integrated facilities management services provider in Australia and New Zealand. It operates through Transport, Utilities, and Facilities segments. The company offers road and transport infrastructure services including road network management, routine road maintenance, asset management systems, spray sealing, asphalt laying, and manufacturing and supply of bitumen-based products, and asphalt products, as well as provides landfill diversion solutions and intelligent transport systems; and design and construction of light rail and heavy rail networks, signaling, track and station works, rail safety technology, and bridges.