Coventry Group Ltd (ASX:CYG) Insider Alexander (Alex) White Buys 56,510 Shares

Coventry Group Ltd (ASX:CYG) insider Alexander (Alex) White purchased 56,510 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were acquired at an average price of A$1.31 ($0.87) per share, for a total transaction of A$74,197.63 ($49,137.50).

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

• On Thursday, October 31st, Alexander (Alex) White purchased 96,499 shares of Coventry Group stock. The shares were acquired at an average price of A$1.35 ($0.90) per share, for a total transaction of A$130,466.65 ($86,401.75).
• On Tuesday, October 15th, Alexander (Alex) White acquired 17,404 shares of Coventry Group stock. The shares were purchased 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 acquired 66,314 shares of Coventry Group stock. The shares were purchased 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 acquired 161,836 shares of Coventry Group stock. The shares were purchased 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 purchased 100,000 shares of Coventry Group stock. The stock was 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 purchased 540,001 shares of Coventry Group stock. The stock was 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 acquired 60,000 shares of Coventry Group stock. The stock was acquired at an average price 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. Stockholders 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 dividend yield of 2.88%. Coventry Group’s dividend payout ratio is currently 400.00%.

Coventry Group Company Profile

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.