Insider Selling: Viva Energy Group Limited (ASX:VEA) Insider Sells 500,000 Shares of Stock

Viva Energy Group Limited (ASX:VEA) insider Scott Wyatt sold 500,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of A$2.78 ($1.85), for a total transaction of A$1,389,500.00 ($926,333.33).

Viva Energy Group Stock Performance

The company has a current ratio of 1.01, a quick ratio of 0.57 and a debt-to-equity ratio of 250.95.

Viva Energy Group Cuts Dividend

The business also recently announced a Interim dividend, which will be paid on Tuesday, September 24th. Shareholders of record on Tuesday, September 24th will be issued a dividend of $0.067 per share. This represents a yield of 2.33%. The ex-dividend date is Sunday, September 8th. Viva Energy Group’s payout ratio is presently 130.00%.

About Viva Energy Group

Viva Energy Group Limited operates as an energy company in Australia, Singapore, and Papua New Guinea. It operates through three segments: Convenience & Mobility, Commercial & Industrial, and Energy & Infrastructure. The Convenience & Mobility segment operates as an integrated convenience and fuel network under the Shell and Coles Express brands; and supplies fuels and lubricants through the Shell, Liberty, and Westside branded retail service stations.