Coventry Group Ltd (ASX:CYG – Get Free Report) insider Robert Bulluss bought 10,000 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was bought at an average price of A$1.34 ($0.87) per share, with a total value of A$13,420.00 ($8,714.29).
Coventry Group Stock Performance
The company has a current ratio of 1.30, a quick ratio of 0.57 and a debt-to-equity ratio of 94.64.
Coventry Group Increases Dividend
The company also recently declared a Final dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were issued a dividend of $0.037 per share. This is an increase from Coventry Group’s previous Final dividend of $0.04. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 2.88%. Coventry Group’s payout ratio is 400.00%.
About Coventry Group
Coventry Group Ltd primarily engages in the distribution of industrial products in Australia and New Zealand. The company operates through Trade Distribution and Fluids Systems segments. The Trade Distribution segment imports, distributes, and markets industrial, stainless steel, and construction fasteners; and specialized fastener products and systems, as well as industrial hardware, and associated industrial tools and consumables.
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