Austin Engineering Limited (ASX:ANG) Declares Dividend Increase – $0.01 Per Share

Austin Engineering Limited (ASX:ANGGet Free Report) declared a final dividend on Wednesday, September 11th, MarketIndexAU reports. Stockholders of record on Sunday, October 6th will be given a dividend of 0.008 per share on Sunday, October 6th. This represents a dividend yield of 1.65%. The ex-dividend date is Wednesday, September 11th. This is an increase from Austin Engineering’s previous final dividend of $0.003.

Austin Engineering Price Performance

The company has a quick ratio of 0.90, a current ratio of 1.23 and a debt-to-equity ratio of 35.30.

Insider Buying and Selling at Austin Engineering

In other Austin Engineering news, insider David Singleton bought 16,254,612 shares of Austin Engineering stock in a transaction on Tuesday, September 10th. The stock was acquired at an average cost of A$0.50 ($0.33) per share, with a total value of A$8,127,306.00 ($5,418,204.00). Corporate insiders own 9.85% of the company’s stock.

About Austin Engineering

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Austin Engineering Limited, together with its subsidiaries, manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors. It offers excavator, face shovel, front end loader, and stemming buckets; rope shovel dippers; and wear liner kits for mining applications, including hard rock, iron ore, and coal.

See Also

Dividend History for Austin Engineering (ASX:ANG)

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