Saunders International (ASX:SND) Insider Buys A$30,862.50 in Stock

Saunders International Limited (ASX:SND) insider Andrew Bellamy purchased 37,500 shares of the stock in a transaction dated Tuesday, October 7th. The shares were acquired at an average price of A$0.82 per share, with a total value of A$30,862.50.

Saunders International Price Performance

The company has a debt-to-equity ratio of 23.28, a quick ratio of 1.33 and a current ratio of 1.32. The company has a market cap of $131.52 million, a PE ratio of 13.31, a P/E/G ratio of 5.02 and a beta of 0.21.

Saunders International Cuts Dividend

The business also recently disclosed a Final dividend, which will be paid on Monday, October 13th. Investors of record on Monday, October 13th will be issued a $0.003 dividend. This represents a yield of 31.0%. The ex-dividend date is Sunday, September 14th. Saunders International’s dividend payout ratio is currently 62.50%.

About Saunders International

Saunders International Limited provides design, construction, fabrication, shutdown, maintenance, and industrial automation services to organizations of steel storage tanks and concrete bridges in Australia. The company's engineering construction provides front end engineering design; structural mechanical and piping design; fuel terminals 3D drafting; designs and implements control systems, networks, and high and low voltage electrical solutions; builds new tanks for bulk fuel and chemical storage, and water reservoirs and pumping stations, as well as provides EPC and EPCM services.