Insider Buying: NRW Holdings Limited (ASX:NWH) Insider Acquires A$15,449.50 in Stock

NRW Holdings Limited (ASX:NWH) insider Adrienne Parker bought 5,500 shares of the stock in a transaction on Friday, March 7th. The shares were acquired at an average cost of A$2.81 ($1.78) per share, with a total value of A$15,449.50 ($9,778.16).

NRW Stock Performance

The company has a current ratio of 1.31, a quick ratio of 1.15 and a debt-to-equity ratio of 49.87. The firm has a market capitalization of $1.55 billion, a P/E ratio of 14.68, a price-to-earnings-growth ratio of 1.63 and a beta of 1.57.

NRW Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, April 9th will be issued a dividend of $0.07 per share. This represents a yield of 2.35%. The ex-dividend date of this dividend is Sunday, March 23rd. This is a positive change from NRW’s previous Interim dividend of $0.07. NRW’s payout ratio is currently 69.57%.

About NRW

NRW Holdings Limited, through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia. The company operates through three segments: Civil; Mining; and Minerals, Energy & Technologies. The Civil segment delivers private and public civil infrastructure, mine development, bulk earthworks, and commercial and residential subdivision projects.