Duratec Limited (ASX:DUR – Get Free Report) insider Robert (Phil) Harcourt sold 2,700,000 shares of Duratec stock in a transaction on Friday, September 8th. The shares were sold at an average price of A$1.35 ($0.87), for a total value of A$3,645,000.00 ($2,351,612.90).
Duratec Price Performance
The company has a current ratio of 1.05, a quick ratio of 1.13 and a debt-to-equity ratio of 39.78.
Duratec Increases Dividend
The business also recently announced a Final dividend, which will be paid on Sunday, October 8th. Investors of record on Sunday, October 8th will be paid a $0.03 dividend. This is an increase from Duratec’s previous Final dividend of $0.02. This represents a yield of 2.4%. The ex-dividend date of this dividend is Thursday, September 14th. Duratec’s dividend payout ratio (DPR) is currently 57.14%.
About Duratec
Duratec Limited, together with its subsidiaries, engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets, primarily steel and concrete infrastructure in Australia. It operates through Defence, Mining & Industrial, Buildings & Facades, and Energy segments.
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