Justin Nuich Acquires 3,460 Shares of Mader Group Limited (ASX:MAD) Stock

Mader Group Limited (ASX:MAD) insider Justin Nuich purchased 3,460 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was bought at an average cost of A$5.75 ($3.64) per share, with a total value of A$19,895.00 ($12,591.77).

Mader Group Stock Performance

The firm has a market cap of $1.25 billion, a PE ratio of 24.47, a PEG ratio of 0.93 and a beta of 0.72. The company has a current ratio of 1.69, a quick ratio of 1.40 and a debt-to-equity ratio of 43.48.

Mader Group Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd will be paid a $0.04 dividend. This represents a yield of 0.68%. This is a boost from Mader Group’s previous Interim dividend of $0.04. The ex-dividend date is Monday, March 24th. Mader Group’s payout ratio is presently 33.33%.

About Mader Group

Mader Group Limited, a contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia and internationally. It offers fabrication and line boring, electrical services, mechanical maintenance, and component exchange; infrastructure maintenance, rail services, power generation and marine, road transport maintenance, maintenance project, specialised tool hire, clean team, maintenance centre, and training and mentoring services.