Robert Miller Buys 699,276 Shares of Lindsay Australia (ASX:LAU) Stock

Lindsay Australia Limited (ASX:LAU) insider Robert Miller bought 699,276 shares of the company’s stock in a transaction dated Monday, October 20th. The shares were acquired at an average cost of A$0.62 per share, with a total value of A$436,348.22.

Robert Miller also recently made the following trade(s):

• On Monday, August 25th, Robert Miller bought 514,968 shares of Lindsay Australia stock. The shares were acquired at an average cost of A$0.67 per share, with a total value of A$346,573.46.

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. The firm has a market capitalization of $277.06 million, a PE ratio of 10.12, a price-to-earnings-growth ratio of 0.69 and a beta of 0.26.

Lindsay Australia Cuts Dividend

The company also recently declared a Final dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, October 9th were given a dividend of $0.015 per share. The ex-dividend date of this dividend was Sunday, September 28th. This represents a dividend yield of 224.0%. Lindsay Australia’s payout ratio is presently 66.67%.

Lindsay Australia Company Profile

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.