Mader Group Limited (MAD) to Issue Interim Dividend of $0.04 on April 3rd

Mader Group Limited (ASX:MAD) announced a interim dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Shareholders of record on Thursday, April 3rd will be given a dividend of 0.04 per share on Thursday, April 3rd. This represents a yield of 0.68%. The ex-dividend date is Monday, March 24th. This is a 5.3% increase from Mader Group’s previous interim dividend of $0.04.

Mader Group Stock Performance

The stock has a market cap of $1.25 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 0.93 and a beta of 0.72. The company has a debt-to-equity ratio of 43.48, a current ratio of 1.69 and a quick ratio of 1.40.

Insider Buying and Selling at Mader Group

In related news, insider Luke Mader bought 20,095 shares of Mader Group stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average price of A$5.27 ($3.31) per share, for a total transaction of A$105,900.65 ($66,604.18). Corporate insiders own 73.95% of the company’s stock.

Mader Group Company Profile

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.