Service Stream Limited (ASX:SSM) Insider Buys A$22,620.00 in Stock

Service Stream Limited (ASX:SSM) insider Martin Monro acquired 15,000 shares of Service Stream stock in a transaction dated Friday, November 1st. The stock was bought at an average price of A$1.51 ($1.00) per share, for a total transaction of A$22,620.00 ($14,980.13).

Service Stream Stock Performance

The company has a debt-to-equity ratio of 24.36, a current ratio of 1.38 and a quick ratio of 1.31.

Service Stream Increases Dividend

The company also recently announced a Final dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, October 3rd were paid a $0.025 dividend. This is a boost from Service Stream’s previous Final dividend of $0.01. This represents a yield of 1.71%. The ex-dividend date was Tuesday, September 17th. Service Stream’s payout ratio is presently 100.00%.

About Service Stream

Service Stream Limited designs, constructs, operates and maintains infrastructure networks in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition; and design, construction, engineering, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation.