Peter Barker Buys 10,500 Shares of Downer EDI Limited (ASX:DOW) Stock

Downer EDI Limited (ASX:DOW) insider Peter Barker purchased 10,500 shares of the company’s stock in a transaction dated Friday, February 14th. The stock was bought at an average cost of A$5.39 ($3.43) per share, for a total transaction of A$56,542.50 ($36,014.33).

Downer EDI Stock Performance

The stock has a market cap of $3.59 billion, a price-to-earnings ratio of 51.91, a P/E/G ratio of 1.17 and a beta of 1.66. The company has a debt-to-equity ratio of 87.00, a current ratio of 1.14 and a quick ratio of 1.00.

Downer EDI Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 26th will be issued a dividend of $0.108 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This is an increase from Downer EDI’s previous Interim dividend of $0.06. This represents a dividend yield of 2.07%. Downer EDI’s dividend payout ratio (DPR) is presently 170.00%.

Downer EDI Company Profile

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.