Insider Buying: ASX Limited (ASX:ASX) Insider Buys 500 Shares of Stock

ASX Limited (ASX:ASX) insider Wayne Byres purchased 500 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The stock was acquired at an average price of A$67.24 ($42.56) per share, with a total value of A$33,620.00 ($21,278.48).

ASX Price Performance

The firm has a market capitalization of $12.86 billion, a price-to-earnings ratio of 33.19, a PEG ratio of 6.67 and a beta of 0.29. The company has a debt-to-equity ratio of 8.98, a quick ratio of 0.42 and a current ratio of 1.12.

ASX Cuts Dividend

The business also recently declared a Interim dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th will be given a $1.112 dividend. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 1.66%. ASX’s dividend payout ratio is currently 87.35%.

About ASX

ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company provides education programs, research and insights, investor access and peer group networking; distribution facility for quoted exchange traded funds (ETFs) and debt securities. It is also involved in the trading of futures and options on interest rate, equity index, agriculture and energy products, and options over individual securities; cash market trading of equities, warrants, exchange-traded funds, and debt securities; and clearing of exchange-traded derivatives and over-the-counter interest rate and equity derivatives.