Insider Buying: Downer EDI Limited (ASX:DOW) Insider Buys 10,500 Shares of Stock

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

Downer EDI Price Performance

The company has a market capitalization of $3.59 billion, a P/E 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 firm 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. The ex-dividend date is Tuesday, February 25th. This is a positive change from Downer EDI’s previous Interim dividend of $0.06. This represents a dividend yield of 2.07%. Downer EDI’s dividend payout ratio is currently 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.