Bruno Ruggiero Sells 1,350,000 Shares of Lycopodium Limited (ASX:LYL) Stock

Lycopodium Limited (ASX:LYLGet Free Report) insider Bruno Ruggiero sold 1,350,000 shares of Lycopodium stock in a transaction on Monday, March 25th. The shares were sold at an average price of A$11.87 ($7.71), for a total value of A$16,021,800.00 ($10,403,766.23).

Lycopodium Stock Performance

The company has a debt-to-equity ratio of 13.02, a current ratio of 2.25 and a quick ratio of 1.58.

Lycopodium Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Wednesday, April 3rd will be given a $0.37 dividend. This is a positive change from Lycopodium’s previous Interim dividend of $0.36. This represents a dividend yield of 2.98%. The ex-dividend date of this dividend is Sunday, March 24th. Lycopodium’s dividend payout ratio (DPR) is currently 57.34%.

Lycopodium Company Profile

(Get Free Report)

Lycopodium Limited provides engineering and project delivery services in the resources, infrastructure, and industrial processes sectors. It operates through four segments: Mineral, Process Industries, Project Services-Africa, and Others. The company provides engineering and related services to junior exploration companies, multinational producers, and manufacturing and renewable energy facilities; project management, construction management, and commissioning services to the extractive mining industry; and asset management, engineering, architectural, and project delivery services to a range of private and public clients.

Further Reading

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