Mader Group Limited (ASX:MAD) Declares Interim Dividend of $0.04

Mader Group Limited (ASX:MAD) declared a interim dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Stockholders of record on Thursday, April 3rd will be given a dividend of 0.04 per share on Thursday, April 3rd. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Monday, March 24th. This is a 5.3% increase from Mader Group’s previous interim dividend of $0.04.

Mader Group Stock Performance

The stock has a market capitalization of $1.25 billion, a P/E ratio of 24.47, a PEG ratio of 0.93 and a beta of 0.72. The company has a debt-to-equity ratio of 43.48, a quick ratio of 1.40 and a current ratio of 1.69.

Insider Activity at Mader Group

In related news, insider Luke Mader bought 20,095 shares of Mader Group stock in a transaction dated Wednesday, March 12th. The stock was purchased at an average cost of A$5.27 ($3.31) per share, with a total value of A$105,900.65 ($66,604.18). 73.95% of the stock is owned by insiders.

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.