Aussie Broadband Limited (ASX:ABB – Get Free Report) insider Phillip Britt sold 350,000 shares of the stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of A$4.26 ($2.75), for a total transaction of A$1,489,600.00 ($961,032.26).
Aussie Broadband Price Performance
The company has a market cap of $1.17 billion, a P/E ratio of 42.54, a PEG ratio of 0.32 and a beta of 0.49. The company has a current ratio of 1.29, a quick ratio of 0.52 and a debt-to-equity ratio of 61.66.
Aussie Broadband Announces Dividend
The business also recently announced a Interim dividend, which was paid on Sunday, March 23rd. Shareholders of record on Sunday, March 23rd were issued a dividend of $0.04 per share. This represents a yield of 1.07%. The ex-dividend date of this dividend was Thursday, March 6th. Aussie Broadband’s dividend payout ratio (DPR) is presently 40.00%.
Aussie Broadband Company Profile
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.
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