Insider Buying: Downer EDI Limited (ASX:DOW) Insider Buys 5,000 Shares of Stock

Downer EDI Limited (ASX:DOW) insider Steven MacDonald bought 5,000 shares of the stock in a transaction on Thursday, February 20th. The stock was purchased at an average price of A$5.40 ($3.38) per share, with a total value of A$27,000.00 ($16,875.00).

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

• On Tuesday, February 25th, Steven MacDonald bought 7,504 shares of Downer EDI stock. The stock was purchased at an average price of A$5.57 ($3.48) per share, with a total value of A$41,827.30 ($26,142.06).

Downer EDI Price Performance

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

Downer EDI Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 26th will be issued a $0.108 dividend. This represents a dividend yield of 2.07%. This is a boost from Downer EDI’s previous Interim dividend of $0.06. The ex-dividend date is Tuesday, February 25th. Downer EDI’s dividend payout ratio is currently 170.00%.

About Downer EDI

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.