Mader Group Limited (ASX:MAD) Insider Craig Burton Sells 982,000 Shares

Mader Group Limited (ASX:MAD) insider Craig Burton sold 982,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of A$6.71 ($4.39), for a total transaction of A$6,590,202.00 ($4,307,321.57).

Mader Group Price Performance

The company has a debt-to-equity ratio of 43.48, a current ratio of 1.69 and a quick ratio of 1.40.

Mader Group Increases Dividend

The company also recently declared a Final dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, October 3rd were paid a dividend of $0.04 per share. This is a positive change from Mader Group’s previous Final dividend of $0.03. The ex-dividend date of this dividend was Wednesday, September 18th. This represents a dividend yield of 0.76%. Mader Group’s payout ratio is 33.33%.

About Mader Group

Mader Group Limited, a contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia and internationally. It offers fabrication and line boring, electrical services, mechanical maintenance, and component exchange; infrastructure maintenance, rail services, power generation and marine, road transport maintenance, maintenance project, specialised tool hire, clean team, maintenance centre, and training and mentoring services.