Saunders International (ASX:SND) Insider Andrew Bellamy Buys 37,500 Shares of Stock

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

Saunders International Stock Performance

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

Saunders International Cuts Dividend

The business also recently announced a Final dividend, which will be paid on Monday, October 13th. Stockholders of record on Monday, October 13th will be issued a dividend of $0.003 per share. This represents a dividend yield of 31.0%. The ex-dividend date is Sunday, September 14th. Saunders International’s 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.