Downer EDI Limited (ASX:DOW) Insider Steven MacDonald Purchases 11,848 Shares

Downer EDI Limited (ASX:DOW) insider Steven MacDonald purchased 11,848 shares of the stock in a transaction dated Wednesday, September 6th. The stock was purchased at an average cost of A$4.20 ($2.71) per share, for a total transaction of A$49,761.60 ($32,104.26).

Downer EDI Stock Performance

The company has a debt-to-equity ratio of 93.63, a quick ratio of 1.00 and a current ratio of 1.18.

Downer EDI Cuts Dividend

The company also recently declared a Final dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 20th will be paid a $0.08 dividend. This represents a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, August 22nd. Downer EDI’s dividend payout ratio is presently -22.03%.

Downer EDI Company Profile

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.