Lindsay Australia Limited (ASX:LAU – Get Free Report) insider Robert Green purchased 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were purchased at an average price of A$0.90 ($0.62) per share, for a total transaction of A$22,500.00 ($15,517.24).
Lindsay Australia Price Performance
The company has a current ratio of 1.02, a quick ratio of 0.91 and a debt-to-equity ratio of 165.40.
Lindsay Australia Cuts Dividend
The firm also recently disclosed a Final dividend, which will be paid on Thursday, October 10th. Investors of record on Thursday, October 10th will be paid a dividend of $0.028 per share. This represents a yield of 2.96%. The ex-dividend date of this dividend is Thursday, September 26th. Lindsay Australia’s payout ratio is currently 66.67%.
Lindsay Australia Company Profile
Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia. The company operates through Transport and Rural segments. It also provides seed, chemical, nutrients, fertilizer, irrigation, farm consumables, and packaging.
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