Reece Limited (ASX:REH – Get Free Report) insider Gavin Street bought 2,237 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were purchased at an average cost of A$18.34 ($11.53) per share, with a total value of A$41,026.58 ($25,802.88).
Reece Price Performance
The company has a debt-to-equity ratio of 47.17, a current ratio of 2.17 and a quick ratio of 1.07. The company has a market capitalization of $14.51 billion, a P/E ratio of 34.61, a PEG ratio of 1.37 and a beta of 0.83.
Reece Cuts Dividend
The firm also recently declared a Interim dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, April 1st will be given a $0.065 dividend. This represents a yield of 0.36%. The ex-dividend date is Monday, March 17th. Reece’s dividend payout ratio is currently 40.00%.
Reece Company Profile
Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets.
See Also
- Five stocks we like better than Reece
- What Are Dividends? Buy the Best Dividend Stocks
- GitLab: Get In While It’s Down—Big Rebound Ahead
- What is a penny stock? A comprehensive guide
- Tesla Stock: Finding a Bottom May Take Time
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Receive News & Ratings for Reece Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reece and related companies with MarketBeat.com's FREE daily email newsletter.
