Insider Buying: ASX Limited (ASX:ASX) Insider Acquires 500 Shares of Stock

ASX Limited (ASX:ASX) insider Wayne Byres purchased 500 shares of the company’s stock in a transaction on Friday, February 14th. The stock was acquired at an average price of A$67.24 ($42.83) per share, for a total transaction of A$33,620.00 ($21,414.01).

ASX Stock Performance

The stock has a market cap of $12.86 billion, a price-to-earnings ratio of 33.19, a PEG ratio of 6.67 and a beta of 0.29. The company has a current ratio of 1.12, a quick ratio of 0.42 and a debt-to-equity ratio of 8.98.

ASX Cuts Dividend

The firm also recently announced a Interim dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be issued a dividend of $1.112 per share. This represents a yield of 1.66%. The ex-dividend date is Thursday, February 20th. ASX’s payout ratio is 87.35%.

ASX Company Profile

ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company provides education programs, research and insights, investor access and peer group networking; distribution facility for quoted exchange traded funds (ETFs) and debt securities. It is also involved in the trading of futures and options on interest rate, equity index, agriculture and energy products, and options over individual securities; cash market trading of equities, warrants, exchange-traded funds, and debt securities; and clearing of exchange-traded derivatives and over-the-counter interest rate and equity derivatives.