Michael Omeros Sells 150,000 Shares of Aussie Broadband Limited (ASX:ABB) Stock

Aussie Broadband Limited (ASX:ABBGet Free Report) insider Michael Omeros sold 150,000 shares of Aussie Broadband stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of A$4.26 ($2.73), for a total value of A$638,400.00 ($409,230.77).

Aussie Broadband Price Performance

The company has a debt-to-equity ratio of 61.66, a current ratio of 1.29 and a quick ratio of 0.52. The stock has a market capitalization of $1.17 billion, a P/E ratio of 42.54, a PEG ratio of 0.32 and a beta of 0.49.

Aussie Broadband Announces Dividend

The company also recently announced a Interim dividend, which was paid on Sunday, March 23rd. Investors of record on Sunday, March 23rd were issued a $0.04 dividend. This represents a yield of 1.07%. The ex-dividend date was Thursday, March 6th. Aussie Broadband’s dividend payout ratio is 40.00%.

Aussie Broadband Company Profile

(Get Free Report)

Aussie Broadband Limited provides telecommunications services to residential and businesses in Australia. It operates in four segments: Residential, Business, Wholesale, and Enterprise & Government. The company offers g fixed broadband, telephony, mobile, and other value add services; and connectivity, voice, managed network, security, cloud, and support services.

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