IPD Group Limited (ASX:IPG – Get Free Report) declared a final dividend on Monday, September 16th, MarketIndexAU reports. Shareholders of record on Thursday, October 3rd will be given a dividend of 0.062 per share on Thursday, October 3rd. This represents a dividend yield of 1.21%. The ex-dividend date of this dividend is Wednesday, September 18th. This is an increase from IPD Group’s previous final dividend of $0.05.
IPD Group Price Performance
The company has a current ratio of 2.16, a quick ratio of 1.24 and a debt-to-equity ratio of 29.66.
Insider Activity
In other IPD Group news, insider Mohamed Yoosuff sold 1,000,000 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of A$5.10 ($3.40), for a total value of A$5,100,000.00 ($3,400,000.00). 29.39% of the stock is currently owned by corporate insiders.
About IPD Group
IPD Group Limited distributes electrical infrastructure in Australia. It operates through Products Division and Services Division segments. The company offers power distribution; industrial and motor control; automation and industrial communication; power monitoring; electrical cables; manufacture and distribution of cable plugs; and hazardous area equipment under the third-party brands, such as ABB, Elsteel, Emerson, Red Lion, GE, Socomec, and DEHN.
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