Adairs Limited (ASX:ADH) Insider Trent Peterson Purchases 100,000 Shares

Adairs Limited (ASX:ADH) insider Trent Peterson purchased 100,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was acquired at an average cost of A$1.84 ($1.26) per share, with a total value of A$184,100.00 ($126,095.89).

Adairs Stock Performance

The company has a debt-to-equity ratio of 123.63, a current ratio of 0.81 and a quick ratio of 0.27.

Adairs Cuts Dividend

The business also recently declared a Final dividend, which will be paid on Monday, October 7th. Shareholders of record on Monday, October 7th will be issued a $0.07 dividend. The ex-dividend date is Tuesday, September 10th. This represents a dividend yield of 3.75%. Adairs’s dividend payout ratio is currently 77.78%.

About Adairs

Adairs Limited operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand. It operates through three segments: Adairs, Mocka and Focus. The company offers bedroom products, such as bedlinen, bedding, and bedroom furniture and accessories; bathroom and laundry products, consisting of towels, bath mats and runners, bathrobes and slippers, bathroom accessories, and laundry and home care products, as well as beach and kids beach towels; furniture products, such as bedroom, office, living room, outdoor, and kids furniture; home and outdoor comprising home styling, home care and gifting, pets, outdoor, storage, and kitchen products; kid's products, including kids bedlinen, bedding, décor, bathroom, furniture, christmas, and nursery; as well as gifting products and kid collection.