Aussie Broadband Limited (ASX:ABB) Insider Michael Omeros Sells 150,000 Shares of Stock

Aussie Broadband Limited (ASX:ABB) insider Michael Omeros sold 150,000 shares of the firm’s stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of A$4.26 ($2.73), for a total transaction of A$638,400.00 ($409,230.77).

Aussie Broadband Price Performance

The company has a current ratio of 1.29, a quick ratio of 0.52 and a debt-to-equity ratio of 61.66. The stock has a market cap of $1.17 billion, a P/E ratio of 42.54, a P/E/G ratio of 0.32 and a beta of 0.49.

Aussie Broadband Dividend Announcement

The business also recently disclosed a Interim dividend, which was paid on Sunday, March 23rd. Investors of record on Sunday, March 23rd were paid a dividend of $0.04 per share. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend was Thursday, March 6th. Aussie Broadband’s payout ratio is currently 40.00%.

About Aussie Broadband

Aussie Broadband Limited provides telecommunications services to residential and businesses in Australia. It operates in four segments: Residential, Business, Wholesale, and Enterprise & Government. The company offers g fixed broadband, telephony, mobile, and other value add services; and connectivity, voice, managed network, security, cloud, and support services.