Downer EDI Limited (ASX:DOW) Insider Acquires A$41,827.30 in Stock

Downer EDI Limited (ASX:DOW) insider Steven MacDonald purchased 7,504 shares of Downer EDI stock in a transaction that occurred on Tuesday, February 25th. The shares were bought at an average price of A$5.57 ($3.55) per share, with a total value of A$41,827.30 ($26,641.59).

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

• On Thursday, February 20th, Steven MacDonald bought 5,000 shares of Downer EDI stock. The shares were bought at an average price of A$5.40 ($3.44) per share, for a total transaction of A$27,000.00 ($17,197.45).

Downer EDI Price Performance

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

Downer EDI Increases Dividend

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

Downer EDI Company Profile

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.