Johns Lyng Group Limited (ASX:JLG) Insider Nicholas (Nick) Carnell Purchases 395,170 Shares

Johns Lyng Group Limited (ASX:JLG) insider Nicholas (Nick) Carnell bought 395,170 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The stock was acquired at an average cost of A$2.15 ($1.29) per share, with a total value of A$850,010.67 ($508,988.43).

Johns Lyng Group Stock Performance

The stock has a market cap of $1.07 billion, a P/E ratio of 22.02, a price-to-earnings-growth ratio of 1.84 and a beta of 0.35. The company has a current ratio of 1.27, a quick ratio of 1.12 and a debt-to-equity ratio of 16.84.

Johns Lyng Group Cuts Dividend

The business also recently disclosed a Interim dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a yield of 0.91%. Johns Lyng Group’s payout ratio is currently 52.94%.

Johns Lyng Group Company Profile

Johns Lyng Group Limited provides integrated building services in Australia, New Zealand, and the United States. The company operates through four segments: Insurance Building and Restoration Services, Commercial Building Services, Commercial Construction, and Other. It provides building fabric repair, contents restoration, disaster management, hazardous waste removal, strata management, and essential home services; and residential and commercial flooring, emergency domestic repairs, shop-fitting, HVAC mechanical, and pre-sale property staging services.