Imdex Limited (ASX:IMD – Get Free Report) insider Tracey Arlaud purchased 6,400 shares of Imdex stock in a transaction dated Thursday, September 26th. The stock was acquired at an average price of A$1.64 ($1.13) per share, for a total transaction of A$10,496.00 ($7,238.62).
Imdex Price Performance
The company has a debt-to-equity ratio of 22.34, a quick ratio of 2.08 and a current ratio of 2.28.
Imdex Cuts Dividend
The company also recently announced a Final dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th will be paid a dividend of $0.013 per share. This represents a yield of 0.62%. The ex-dividend date of this dividend is Tuesday, September 24th. Imdex’s payout ratio is 50.00%.
About Imdex
Imdex Limited, together with its subsidiaries, provides drilling optimization products and sensors for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas. The company sells and rents drilling optimization products, including drilling fluids, solids removal units, remote fluid management, rig alignment technologies, and directional drilling technologies; and rents rock knowledge sensors, which include down hole survey, core orientation, gamma logging, and structural orientation sensors.
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