Alan Steele Sells 487,275 Shares of Mayfield Group (ASX:MYG) Stock

Mayfield Group Holdings Limited (ASX:MYG) insider Alan Steele sold 487,275 shares of Mayfield Group stock in a transaction on Monday, October 27th. The stock was sold at an average price of A$1.76, for a total transaction of A$856,629.45.

Alan Steele also recently made the following trade(s):

• On Friday, August 29th, Alan Steele sold 2,000,000 shares of Mayfield Group stock. The stock was sold at an average price of A$1.36, for a total transaction of A$2,720,000.00.

Mayfield Group Price Performance

The company has a market capitalization of $110.68 million, a P/E ratio of 21.52 and a beta of 0.35. The company has a debt-to-equity ratio of 9.54, a quick ratio of 1.30 and a current ratio of 1.53.

Mayfield Group Increases Dividend

The firm also recently disclosed a Final dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 17th were paid a $0.022 dividend. This represents a dividend yield of 154.0%. The ex-dividend date of this dividend was Sunday, August 31st. This is an increase from Mayfield Group’s previous Final dividend of $0.02. Mayfield Group’s dividend payout ratio is 66.67%.

About Mayfield Group

Mayfield Group Holdings Limited, together with its subsidiaries, provides electrical and telecommunications infrastructure products and services in Australia. It offers switchboards, kiosks, and transportable switch rooms for critical electrical infrastructure. The company also engages in the project management, engineering, design, manufacture, installation, and commissioning of electrical infrastructure.