APA Group (ASX:APA) Insider David Lamont Acquires 14,593 Shares

APA Group (ASX:APA) insider David Lamont purchased 14,593 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were purchased at an average cost of A$7.43 ($4.67) per share, for a total transaction of A$108,425.99 ($68,192.45).

APA Group Stock Performance

The firm has a market cap of $8.59 billion, a price-to-earnings ratio of 8.70, a PEG ratio of 4.20 and a beta of 0.25. The company has a debt-to-equity ratio of 400.00, a quick ratio of 1.54 and a current ratio of 0.48.

APA Group Increases Dividend

The business also recently disclosed a Interim dividend, which will be paid on Sunday, March 16th. Stockholders of record on Saturday, March 16th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Sunday, December 29th. This represents a dividend yield of 3.66%. This is a positive change from APA Group’s previous Interim dividend of $0.24. APA Group’s dividend payout ratio is currently 72.73%.

APA Group Company Profile

APA Group engages in the energy infrastructure business in Australia. The company operates through Energy Infrastructure, Asset Management, and Energy Investments segments. It operates gas transmission pipelines and interconnected grids, gas-fired power stations, electricity transmission interconnectors, solar and wind farms, and battery energy storage systems, as well as gas storage, processing, and compression facilities.