Southern Cross Electrical Engineering (ASX:SXE) Insider Purchases A$95,474.19 in Stock

Southern Cross Electrical Engineering Limited (ASX:SXE) insider Karl Paganin acquired 46,847 shares of the firm’s stock in a transaction that occurred on Wednesday, October 8th. The shares were purchased at an average price of A$2.04 per share, with a total value of A$95,474.19.

Southern Cross Electrical Engineering Stock Performance

The firm has a market cap of $403.01 million, a PE ratio of 18.32, a P/E/G ratio of -1.14 and a beta of 0.57. The company has a debt-to-equity ratio of 4.24, a quick ratio of 1.45 and a current ratio of 1.38.

Southern Cross Electrical Engineering Announces Dividend

The company also recently disclosed a Final dividend, which was paid on Tuesday, October 7th. Investors of record on Tuesday, October 7th were issued a dividend of $0.05 per share. The ex-dividend date was Monday, September 22nd. This represents a yield of 267.0%. Southern Cross Electrical Engineering’s payout ratio is currently 75.00%.

About Southern Cross Electrical Engineering

Southern Cross Electrical Engineering Limited provides electrical, instrumentation, communication, and maintenance services in Australia. It offers electrical and instrumentation (E&I) construction services, which include installation and commissioning of greenfield and brownfield upgrade projects in metropolitan, remote, and challenging environments.