Monadelphous Group Limited (ASX:MND) Declares Interim Dividend of $0.33

Monadelphous Group Limited (ASX:MND) announced a interim dividend on Wednesday, February 19th,MarketIndexAU Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.33 per share on Thursday, March 27th. This represents a dividend yield of 2.04%. The ex-dividend date is Wednesday, March 5th. This is a positive change from Monadelphous Group’s previous interim dividend of $0.24.

Monadelphous Group Stock Performance

The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 0.82 and a beta of 1.07. The company has a debt-to-equity ratio of 20.24, a current ratio of 1.65 and a quick ratio of 1.95.

Insider Activity

In other news, insider Robert Velletri purchased 14,534 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were purchased at an average cost of A$13.34 ($8.50) per share, with a total value of A$193,883.56 ($123,492.71). 6.11% of the stock is currently owned by corporate insiders.

Monadelphous Group Company Profile

Monadelphous Group Limited, an engineering group, provides construction, maintenance, and industrial services to resources, energy, and infrastructure industries in Australia, Chile, Mongolia, Papua New Guinea, and internationally. It operates through Engineering Construction, and Maintenance and Industrial Services divisions.