Alexander (Alex) White Purchases 96,499 Shares of Coventry Group Ltd (ASX:CYG) Stock

Posted by Steve Reilly on Nov 6th, 2024

Coventry Group Ltd (ASX:CYG – Get Free Report) insider Alexander (Alex) White acquired 96,499 shares of the firm’s stock in a transaction dated Thursday, October 31st. The stock was purchased at an average cost of A$1.35 ($0.90) per share, with a total value of A$130,466.65 ($86,401.75).

Alexander (Alex) White also recently made the following trade(s):

On Tuesday, October 29th, Alexander (Alex) White bought 56,510 shares of Coventry Group stock. The shares were bought at an average cost of A$1.31 ($0.87) per share, with a total value of A$74,197.63 ($49,137.50).
On Tuesday, October 15th, Alexander (Alex) White bought 17,404 shares of Coventry Group stock. The shares were bought at an average cost of A$1.32 ($0.87) per share, with a total value of A$22,973.28 ($15,214.09).
On Wednesday, October 9th, Alexander (Alex) White bought 66,314 shares of Coventry Group stock. The shares were bought at an average cost of A$1.28 ($0.85) per share, with a total value of A$84,749.29 ($56,125.36).
On Thursday, October 3rd, Alexander (Alex) White bought 161,836 shares of Coventry Group stock. The shares were bought at an average cost of A$1.30 ($0.86) per share, with a total value of A$209,739.46 ($138,900.30).
On Tuesday, September 3rd, Alexander (Alex) White bought 100,000 shares of Coventry Group stock. The shares were bought at an average cost of A$1.38 ($0.91) per share, with a total value of A$138,100.00 ($91,456.95).
On Monday, August 26th, Alexander (Alex) White bought 540,001 shares of Coventry Group stock. The shares were bought at an average cost of A$1.33 ($0.88) per share, with a total value of A$716,581.33 ($474,557.17).
On Wednesday, August 28th, Alexander (Alex) White bought 60,000 shares of Coventry Group stock. The shares were bought at an average cost of A$1.37 ($0.91) per share, with a total value of A$82,380.00 ($54,556.29).

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 firm also recently disclosed a Final dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were paid a $0.037 dividend. This is a boost from Coventry Group’s previous Final dividend of $0.04. The ex-dividend date of this dividend was Thursday, September 26th. This represents a yield of 2.88%. Coventry Group’s payout ratio is 400.00%.

Coventry Group Company Profile

(Get Free Report)

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.