Insider Buying: Service Stream (ASX:SSM) Insider Acquires A$14,850.00 in Stock

Service Stream Limited (ASX:SSM) insider Martin Monro acquired 7,500 shares of the stock in a transaction on Thursday, February 26th. The shares were bought at an average cost of A$1.98 per share, for a total transaction of A$14,850.00.

Service Stream Price Performance

The company has a quick ratio of 1.31, a current ratio of 1.39 and a debt-to-equity ratio of 29.21. The company has a market capitalization of $1.23 billion, a PE ratio of 23.20 and a beta of 0.65.

Service Stream Dividend Announcement

The company also recently announced a Interim dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, April 9th will be issued a $0.03 dividend. This represents a yield of 148.0%. The ex-dividend date is Tuesday, March 24th. Service Stream’s payout ratio is presently 110.00%.

About Service Stream

Service Stream Limited designs, constructs, operates and maintains infrastructure networks in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition; and design, construction, engineering, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation.