Jason Boyes Buys 22,900 Shares of Infratil Limited (ASX:IFT) Stock

Infratil Limited (ASX:IFT) insider Jason Boyes purchased 22,900 shares of Infratil stock in a transaction on Monday, July 7th. The stock was bought at an average price of A$10.95 ($7.11) per share, for a total transaction of A$250,846.60 ($162,887.40).

Jason Boyes also recently made the following trade(s):

• On Tuesday, July 8th, Jason Boyes bought 22,250 shares of Infratil stock. The stock was acquired at an average cost of A$10.96 ($7.12) per share, with a total value of A$243,815.50 ($158,321.75).
• On Friday, July 11th, Jason Boyes acquired 243 shares of Infratil stock. The stock was acquired at an average price of A$10.92 ($7.09) per share, for a total transaction of A$2,654.05 ($1,723.41).

Infratil Stock Performance

The company has a quick ratio of 0.77, a current ratio of 0.67 and a debt-to-equity ratio of 115.86. The company has a market cap of $10.80 billion, a PE ratio of 10.26 and a beta of 0.53.

Infratil Cuts Dividend

The firm also recently announced a Final dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, July 1st were paid a dividend of $0.104 per share. The ex-dividend date was Tuesday, June 10th. This represents a yield of 1.06%. Infratil’s dividend payout ratio is 17.71%.

About Infratil

Infratil Limited is an infrastructure investment firm specializing in digital Infrastructure, renewables, and social infrastructure. They prefer to invest in renewable electricity, data centers, telecommunications networks healthcare, and airports. It invests around the world. Infratil Limited was incorporated in 1994 and is based in Wellington, New Zealand.