Southern Cross Electrical Engineering (ASX:SXE) Insider Simon Buchhorn Buys 20,658 Shares of Stock

Southern Cross Electrical Engineering Limited (ASX:SXE) insider Simon Buchhorn acquired 20,658 shares of the business’s stock in a transaction that occurred on Wednesday, October 8th. The shares were bought at an average price of A$2.04 per share, for a total transaction of A$42,101.00.

Southern Cross Electrical Engineering Price Performance

The company has a current ratio of 1.38, a quick ratio of 1.45 and a debt-to-equity ratio of 4.24. The stock has a market capitalization of $403.01 million, a P/E ratio of 18.32, a PEG ratio of -1.14 and a beta of 0.57.

Southern Cross Electrical Engineering Dividend Announcement

The business also recently declared a Final dividend, which was paid on Tuesday, October 7th. Investors of record on Tuesday, October 7th were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a yield of 267.0%. Southern Cross Electrical Engineering’s dividend payout ratio (DPR) is currently 75.00%.

About Southern Cross Electrical Engineering

Southern Cross Electrical Engineering Limited provides electrical, instrumentation, communication, and maintenance services in Australia. It offers electrical and instrumentation (E&I) construction services, which include installation and commissioning of greenfield and brownfield upgrade projects in metropolitan, remote, and challenging environments.