Insider Buying: Service Stream Limited (ASX:SSM) Insider Acquires 24,625 Shares of Stock

Service Stream Limited (ASX:SSMGet Free Report) insider Sylvia Wiggins purchased 24,625 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were acquired at an average price of A$1.21 ($0.80) per share, for a total transaction of A$29,673.13 ($19,651.08).

Service Stream Price Performance

The company has a debt-to-equity ratio of 27.11, a current ratio of 1.33 and a quick ratio of 1.31.

Service Stream Increases Dividend

The business also recently disclosed a Interim dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, April 4th were issued a dividend of $0.02 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a dividend yield of 1.59%. This is a positive change from Service Stream’s previous Interim dividend of $0.01. Service Stream’s dividend payout ratio is currently 100.00%.

About Service Stream

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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.

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Insider Buying and Selling by Quarter for Service Stream (ASX:SSM)

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