Downer EDI Limited (ASX:DOW) Insider Acquires A$41,827.30 in Stock

Downer EDI Limited (ASX:DOW) insider Steven MacDonald acquired 7,504 shares of the stock in a transaction dated Tuesday, February 25th. The shares were acquired at an average cost of A$5.57 ($3.53) per share, with a total value of A$41,827.30 ($26,472.97).

Steven MacDonald also recently made the following trade(s):

• On Thursday, February 20th, Steven MacDonald acquired 5,000 shares of Downer EDI stock. The shares were bought at an average cost of A$5.40 ($3.42) per share, for a total transaction of A$27,000.00 ($17,088.61).

Downer EDI Price Performance

The company 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 quick ratio of 1.00, a current ratio of 1.14 and a debt-to-equity ratio of 87.00.

Downer EDI Increases Dividend

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

About Downer EDI

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.