Downer EDI Limited (DOW) to Issue Interim Dividend of $0.11 on March 26th

Downer EDI Limited (ASX:DOW) announced a interim dividend on Friday, February 14th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 26th will be given a dividend of 0.108 per share on Wednesday, March 26th. This represents a dividend yield of 2.07%. The ex-dividend date is Tuesday, February 25th. This is an increase from Downer EDI’s previous interim dividend of $0.06.

Downer EDI Price Performance

The firm 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 quick ratio of 1.00 and a current ratio of 1.14.

Insiders Place Their Bets

In other Downer EDI news, insider Peter Barker bought 10,500 shares of Downer EDI stock in a transaction on Friday, February 14th. The stock was bought at an average price of A$5.39 ($3.43) per share, with a total value of A$56,542.50 ($36,014.33). 0.71% of the stock is owned by insiders.

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.