Steven MacDonald Acquires 7,504 Shares of Downer EDI Limited (ASX:DOW) Stock

Downer EDI Limited (ASX:DOW) insider Steven MacDonald bought 7,504 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were acquired at an average price of A$5.57 ($3.48) per share, with a total value of A$41,827.30 ($26,142.06).

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

• On Thursday, February 20th, Steven MacDonald bought 5,000 shares of Downer EDI stock. The shares were acquired at an average price of A$5.40 ($3.38) per share, with a total value of A$27,000.00 ($16,875.00).

Downer EDI Stock 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 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. Investors of record on Wednesday, March 26th will be paid a dividend of $0.108 per share. This is an increase from Downer EDI’s previous Interim dividend of $0.06. The ex-dividend date is Tuesday, February 25th. This represents a yield of 2.07%. Downer EDI’s dividend 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.