Austin Engineering Limited (ASX:ANG – Get Free Report) declared a final dividend on Wednesday, September 11th, MarketIndexAU reports. Shareholders of record on Sunday, October 6th will be given a dividend of 0.008 per share on Sunday, October 6th. This represents a yield of 1.65%. The ex-dividend date is Wednesday, September 11th. This is a positive change from Austin Engineering’s previous final dividend of $0.003.
Austin Engineering Stock Performance
The company has a debt-to-equity ratio of 35.30, a quick ratio of 0.90 and a current ratio of 1.23.
Insider Buying and Selling at Austin Engineering
In other news, insider David Singleton bought 16,254,612 shares of the stock in a transaction on Tuesday, September 10th. The shares were purchased at an average cost of A$0.50 ($0.33) per share, for a total transaction of A$8,127,306.00 ($5,418,204.00). Corporate insiders own 9.85% of the company’s stock.
About Austin Engineering
Austin Engineering Limited, together with its subsidiaries, manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors. It offers excavator, face shovel, front end loader, and stemming buckets; rope shovel dippers; and wear liner kits for mining applications, including hard rock, iron ore, and coal.
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