Lindsay Australia Limited (ASX:LAU) Insider Buys A$22,500.00 in Stock

Lindsay Australia Limited (ASX:LAUGet Free Report) insider Robert Green bought 25,000 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was purchased at an average price of A$0.90 ($0.62) per share, with a total value of A$22,500.00 ($15,517.24).

Lindsay Australia Stock Performance

The company has a debt-to-equity ratio of 165.40, a current ratio of 1.02 and a quick ratio of 0.91.

Lindsay Australia Cuts Dividend

The firm also recently announced a Final dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th will be issued a $0.028 dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a dividend yield of 2.96%. Lindsay Australia’s payout ratio is currently 66.67%.

About Lindsay Australia

(Get Free Report)

Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia. The company operates through Transport and Rural segments. It also provides seed, chemical, nutrients, fertilizer, irrigation, farm consumables, and packaging.

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