Insider Buying: Infomedia Ltd (ASX:IFM) Insider Buys 20,000 Shares of Stock

Infomedia Ltd (ASX:IFM) insider Jonathan Brett bought 20,000 shares of Infomedia stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average cost of A$1.36 ($0.88) per share, for a total transaction of A$27,220.00 ($17,675.32).

Infomedia Stock Performance

The company has a current ratio of 3.08, a quick ratio of 3.14 and a debt-to-equity ratio of 6.21.

Infomedia Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 17th were issued a dividend of $0.02 per share. The ex-dividend date was Thursday, August 29th. This represents a yield of 1.14%. This is a positive change from Infomedia’s previous Final dividend of $0.02. Infomedia’s dividend payout ratio is currently 133.33%.

Infomedia Company Profile

Infomedia Ltd, a technology company, develops and supplies electronic parts catalogues, service quoting software, and e-commerce solutions for the automotive industry worldwide. The company offers parts solutions, including Microcat EPC, an electronic parts catalogue; Microcat PartsBridge, a parts ordering system that connects dealers with body shops to sell OE collision parts; Microcat Market, a parts ordering system that connects dealers with repair shops to sell OE mechanical parts; Microcat CRM, an online CRM for wholesale parts; and Microcat Messenger, an instant messaging tool.