Lindsay Australia (ASX:LAU) Insider Robert Miller Buys 699,276 Shares of Stock

Lindsay Australia Limited (ASX:LAU) insider Robert Miller acquired 699,276 shares of the company’s stock in a transaction on Monday, October 20th. The stock was bought at an average price of A$0.62 per share, for a total transaction of A$436,348.22.

Robert Miller also recently made the following trade(s):

• On Monday, August 25th, Robert Miller acquired 514,968 shares of Lindsay Australia stock. The stock was bought at an average price of A$0.67 per share, for a total transaction of A$346,573.46.

Lindsay Australia Price Performance

The company has a market cap of $277.06 million, a price-to-earnings ratio of 10.12, a P/E/G ratio of 0.69 and a beta of 0.26. The company has a debt-to-equity ratio of 165.40, a quick ratio of 0.91 and a current ratio of 1.02.

Lindsay Australia Cuts Dividend

The business also recently disclosed a Final dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, October 9th were paid a $0.015 dividend. This represents a yield of 224.0%. The ex-dividend date was Sunday, September 28th. Lindsay Australia’s dividend payout ratio is currently 66.67%.

About Lindsay Australia

Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia. The company operates through Transport and Rural segments. It also provides seed, chemical, nutrients, fertilizer, irrigation, farm consumables, and packaging.