Imdex Limited (ASX:IMD – Get Free Report) insider Paul House bought 424,962 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The stock was purchased at an average price of A$2.16 ($1.46) per share, with a total value of A$917,917.92 ($620,214.81).
Imdex Stock Performance
The company has a debt-to-equity ratio of 22.34, a current ratio of 2.28 and a quick ratio of 2.08.
Imdex Cuts Dividend
The firm also recently declared a Final dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th will be issued a dividend of $0.013 per share. This represents a yield of 0.62%. The ex-dividend date is Tuesday, September 24th. Imdex’s dividend payout ratio is 50.00%.
About Imdex
Imdex Limited, together with its subsidiaries, provides drilling optimization products and sensors for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas. The company sells and rents drilling optimization products, including drilling fluids, solids removal units, remote fluid management, rig alignment technologies, and directional drilling technologies; and rents rock knowledge sensors, which include down hole survey, core orientation, gamma logging, and structural orientation sensors.
Featured Stories
- Five stocks we like better than Imdex
- What is a Low P/E Ratio and What Does it Tell Investors?
- Analysts Predict 85% Upside for Wave Life Sciences After Rate Cut
- Why Invest in 5G? How to Invest in 5G Stocks
- FedEx Stock Dips: Another Reason to Fear Recession Is Near
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- The Half-Penny Revolution: Will SEC’s Reform Benefit Investors?
Receive News & Ratings for Imdex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imdex and related companies with MarketBeat.com's FREE daily email newsletter.
