Lindsay Australia Limited (ASX:LAU – Get Free Report) insider Robert Green purchased 25,000 shares of the firm’s stock in a transaction on Tuesday, October 1st. The shares were purchased at an average cost of A$0.90 ($0.62) per share, with a total value of A$22,500.00 ($15,517.24).
Lindsay Australia Stock 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 declared a Final dividend, which will be paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th will be issued a $0.028 dividend. This represents a yield of 2.96%. The ex-dividend date of this dividend is Thursday, September 26th. Lindsay Australia’s payout ratio is 66.67%.
About Lindsay Australia
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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