Nicholas (Nick) Carnell Purchases 395,170 Shares of Johns Lyng Group Limited (ASX:JLG) Stock

Johns Lyng Group Limited (ASX:JLG) insider Nicholas (Nick) Carnell bought 395,170 shares of the firm’s stock in a transaction that occurred on Thursday, April 3rd. The shares were acquired at an average cost of A$2.15 ($1.28) per share, for a total transaction of A$850,010.67 ($505,958.73).

Johns Lyng Group Stock Performance

The firm has a market cap of $1.07 billion, a PE ratio of 22.02, a P/E/G ratio of 1.84 and a beta of 0.35. The company has a current ratio of 1.27, a quick ratio of 1.12 and a debt-to-equity ratio of 16.84.

Johns Lyng Group Cuts Dividend

The business also recently announced a Interim dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a yield of 0.91%. Johns Lyng Group’s payout ratio is 52.94%.

Johns Lyng Group Company Profile

Johns Lyng Group Limited provides integrated building services in Australia, New Zealand, and the United States. The company operates through four segments: Insurance Building and Restoration Services, Commercial Building Services, Commercial Construction, and Other. It provides building fabric repair, contents restoration, disaster management, hazardous waste removal, strata management, and essential home services; and residential and commercial flooring, emergency domestic repairs, shop-fitting, HVAC mechanical, and pre-sale property staging services.