Martin Monro Purchases 7,500 Shares of Service Stream (ASX:SSM) Stock

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

Service Stream Stock Performance

The company has a current ratio of 1.38, a quick ratio of 1.31 and a debt-to-equity ratio of 24.36. The stock has a market cap of $973.21 million, a P/E ratio of 30.05 and a beta of 0.71.

Service Stream Announces Dividend

The firm also recently declared a Interim dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, April 9th will be given a $0.03 dividend. The ex-dividend date is Tuesday, March 24th. This represents a yield of 148.0%. Service Stream’s dividend payout ratio (DPR) is presently 100.00%.

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.