Coventry Group Ltd (ASX:CYG – Get Free Report) insider Neil Cathie acquired 29,401 shares of the stock in a transaction that occurred on Friday, October 11th. The shares were bought at an average price of A$1.24 ($0.83) per share, with a total value of A$36,339.64 ($24,389.02).
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 company also recently announced a Final dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were given a $0.037 dividend. The ex-dividend date was Thursday, September 26th. This is an increase from Coventry Group’s previous Final dividend of $0.04. This represents a yield of 2.88%. Coventry Group’s dividend payout ratio (DPR) is currently 400.00%.
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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