Service Stream (ASX:SSM) Insider Martin Monro Buys 7,500 Shares

Service Stream Limited (ASX:SSM) insider Martin Monro purchased 7,500 shares of the business’s 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 Stock Performance

The company has a market cap of $1.28 billion, a price-to-earnings ratio of 24.07 and a beta of 0.71. The company has a quick ratio of 1.31, a current ratio of 1.39 and a debt-to-equity ratio of 29.21.

Service Stream Announces Dividend

The business also recently declared a Interim dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, April 9th will be given a dividend of $0.03 per share. This represents a yield of 148.0%. The ex-dividend date is Tuesday, March 24th. Service Stream’s dividend payout ratio (DPR) is currently 110.00%.

Service Stream Company Profile

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.