Insider Buying: Duratec Limited (ASX:DUR) Insider Purchases A$85,994.00 in Stock

Duratec Limited (ASX:DURGet Free Report) insider Krista Bates bought 19,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was purchased at an average cost of A$4.53 ($2.98) per share, for a total transaction of A$85,994.00 ($56,575.00).

Duratec Price Performance

The company has a quick ratio of 1.13, a current ratio of 1.08 and a debt-to-equity ratio of 60.90.

Duratec Increases Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Monday, May 6th. Shareholders of record on Monday, May 6th will be paid a dividend of $0.015 per share. This represents a yield of 1.23%. This is a boost from Duratec’s previous Interim dividend of $0.01. The ex-dividend date of this dividend is Thursday, March 14th. Duratec’s payout ratio is presently 33.33%.

Duratec Company Profile

(Get Free Report)

Duratec Limited, together with its subsidiaries, engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets, primarily steel and concrete infrastructure in Australia. It operates through Defence, Mining & Industrial, Buildings & Facades, and Energy segments.

Further Reading

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