Insider Buying: Lycopodium Limited (ASX:LYL) Insider Purchases A$50,670.00 in Stock

Lycopodium Limited (ASX:LYL) insider Peter De Leo acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was acquired at an average price of A$10.13 ($6.45) per share, with a total value of A$50,670.00 ($32,273.89).

Peter De Leo also recently made the following trade(s):

• On Monday, December 9th, Peter De Leo acquired 19,700 shares of Lycopodium stock. The stock was acquired at an average price of A$9.96 ($6.34) per share, with a total value of A$196,212.00 ($124,975.80).

Lycopodium Stock Performance

The company has a quick ratio of 1.58, a current ratio of 2.44 and a debt-to-equity ratio of 9.85. The stock has a market capitalization of $455.88 million, a P/E ratio of 8.91, a P/E/G ratio of 2.02 and a beta of 0.43.

Lycopodium Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd will be given a dividend of $0.10 per share. This represents a dividend yield of 0.97%. The ex-dividend date is Sunday, March 23rd. Lycopodium’s payout ratio is 62.50%.

About Lycopodium

Lycopodium Limited provides engineering and project delivery services in the resources, infrastructure, and industrial processes sectors. It operates through four segments: Mineral, Process Industries, Project Services-Africa, and Others. The company provides engineering and related services to junior exploration companies, multinational producers, and manufacturing and renewable energy facilities; project management, construction management, and commissioning services to the extractive mining industry; and asset management, engineering, architectural, and project delivery services to a range of private and public clients.