Tasmea Limited (ASX:TEA – Get Free Report) insider Stephen Young acquired 120,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were acquired at an average cost of A$3.51 per share, with a total value of A$421,560.00.
Tasmea Price Performance
The firm has a market cap of $1.11 billion, a PE ratio of 22.70 and a beta of 1.11.
Tasmea Dividend Announcement
The business also recently disclosed a Interim dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, April 9th will be paid a $0.06 dividend. The ex-dividend date is Tuesday, March 10th. This represents a dividend yield of 155.0%. Tasmea’s dividend payout ratio (DPR) is presently 153.33%.
About Tasmea
Tasmea Limited provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia. It operates through four segments: Electrical, Mechanical, Civil, and Water & Fluid. The Electrical segment provides electrical shutdown, preventative, programmed and reactive maintenance, emergency breakdown repair, fault finding, and statutory compliance services, as well as electrical upgrades for brownfield and greenfield projects, and high-voltage testing and commissioning services.
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