Coventry Group Ltd (ASX:CYG – Get Free Report) declared a final dividend on Thursday, September 26th, MarketIndexAU reports. Stockholders of record on Thursday, October 10th will be paid a dividend of 0.037 per share on Thursday, October 10th. This represents a dividend yield of 2.88%. The ex-dividend date is Thursday, September 26th. This is a positive change from Coventry Group’s previous final dividend of $0.04.
Coventry Group Price 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.
Insider Buying and Selling
In other Coventry Group news, insider Alexander (Alex) White bought 540,001 shares of the company’s stock in a transaction on Monday, August 26th. The stock was acquired at an average price of A$1.33 ($0.91) per share, for a total transaction of A$716,581.33 ($490,809.13). Over the last 90 days, insiders have acquired 700,001 shares of company stock worth $937,061. Insiders own 13.53% of the company’s stock.
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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