Duratec Limited (ASX:DUR) Insider Krista Bates Purchases 19,000 Shares

Duratec Limited (ASX:DUR) insider Krista Bates purchased 19,000 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The shares were bought at an average cost of A$4.53 ($2.98) per share, for a total transaction of A$85,994.00 ($56,575.00).

Duratec Price Performance

The company has a quick ratio of 1.13, a current ratio of 1.08 and a debt-to-equity ratio of 60.90.

Duratec Increases Dividend

The company also recently declared a Interim dividend, which will be paid on Monday, May 6th. Stockholders of record on Monday, May 6th will be paid a dividend of $0.015 per share. This represents a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from Duratec’s previous Interim dividend of $0.01. Duratec’s dividend payout ratio is 33.33%.

Duratec Company Profile

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.