Justin Nuich Acquires 5,000 Shares of Mader Group Limited (ASX:MAD) Stock

Mader Group Limited (ASX:MADGet Rating) insider Justin Nuich acquired 5,000 shares of Mader Group stock in a transaction dated Wednesday, March 15th. The stock was purchased at an average price of A$3.96 ($2.64) per share, for a total transaction of A$19,800.00 ($13,200.00).

Mader Group Stock Performance

The company has a quick ratio of 1.40, a current ratio of 1.85 and a debt-to-equity ratio of 69.19.

Mader Group Increases Dividend

The business also recently disclosed a Interim dividend, which will be paid on Wednesday, April 5th. Shareholders of record on Wednesday, April 5th will be paid a $0.024 dividend. This represents a yield of 0.57%. The ex-dividend date is Sunday, March 5th. This is an increase from Mader Group’s previous Interim dividend of $0.02. Mader Group’s dividend payout ratio is currently 31.25%.

About Mader Group

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Mader Group Limited, a contracting company, provides specialized technical services in the mining, energy, and industrial sectors in Australia and internationally. It offers rail services, digger and drill support team, fabrication and line boring, non-processing and processing infrastructure, power generation and marine, field support, professional support roles, maintenance projects, electrical services, component exchange, rapid response teams, rostered support, HME shutdown teams, specialized tool hire, clean team, trade upgrade program, training national workforces, and maintenance centre services.

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