Martin Monro Purchases 7,500 Shares of Service Stream (ASX:SSM) Stock

Service Stream Limited (ASX:SSM) insider Martin Monro acquired 7,500 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were bought at an average price of A$1.98 per share, with a total value of A$14,850.00.

Service Stream Stock Performance

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

Service Stream Announces Dividend

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

About Service Stream

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.