Coventry Group Ltd (ASX:CYG) Insider Acquires A$13,000.00 in Stock

Coventry Group Ltd (ASX:CYG) insider Robert Bulluss bought 10,000 shares of Coventry Group stock in a transaction dated Monday, December 9th. The shares were bought at an average price of A$1.30 ($0.83) per share, for a total transaction of A$13,000.00 ($8,280.25).

Robert Bulluss also recently made the following trade(s):

• On Friday, November 15th, Robert Bulluss acquired 10,000 shares of Coventry Group stock. The stock was bought at an average price of A$1.34 ($0.85) per share, with a total value of A$13,420.00 ($8,547.77).

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.

Coventry Group Increases Dividend

The company also recently declared a Final dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were issued 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 dividend payout ratio (DPR) 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.