Insider Buying: Tabcorp Holdings Limited (ASX:TAH) Insider Acquires A$19,867.83 in Stock

Tabcorp Holdings Limited (ASX:TAHGet Free Report) insider David Gallop acquired 26,315 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was bought at an average cost of A$0.76 ($0.49) per share, with a total value of A$19,867.83 ($12,985.51).

Tabcorp Price Performance

The company has a quick ratio of 0.38, a current ratio of 0.94 and a debt-to-equity ratio of 27.20.

Tabcorp Cuts Dividend

The company also recently disclosed a Interim dividend, which was paid on Wednesday, March 20th. Stockholders of record on Wednesday, March 20th were paid a dividend of $0.01 per share. The ex-dividend date was Monday, February 26th. This represents a dividend yield of 1.44%. Tabcorp’s payout ratio is -7.14%.

About Tabcorp

(Get Free Report)

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. It operates through Wagering and Media, and Gaming Services segments. The Wagering and Media segment offers through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone.

Further Reading

Insider Buying and Selling by Quarter for Tabcorp (ASX:TAH)

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