Adairs (ASX:ADH) Insider Buys A$71,077.50 in Stock

Adairs Limited (ASX:ADH) insider Rachel Kelly purchased 32,500 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The shares were purchased at an average price of A$2.19 per share, with a total value of A$71,077.50.

Adairs Price Performance

The company has a debt-to-equity ratio of 123.63, a current ratio of 0.81 and a quick ratio of 0.27. The firm has a market cap of $504.77 million, a PE ratio of 16.06, a price-to-earnings-growth ratio of -25.40 and a beta of 2.02.

Adairs Cuts Dividend

The firm also recently declared a Final dividend, which was paid on Monday, October 6th. Stockholders of record on Monday, October 6th were issued a dividend of $0.04 per share. The ex-dividend date was Tuesday, September 9th. This represents a dividend yield of 146.0%. Adairs’s dividend payout ratio is currently 77.78%.

Adairs Company Profile

Adairs Limited operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand. It operates through three segments: Adairs, Mocka and Focus. The company offers bedroom products, such as bedlinen, bedding, and bedroom furniture and accessories; bathroom and laundry products, consisting of towels, bath mats and runners, bathrobes and slippers, bathroom accessories, and laundry and home care products, as well as beach and kids beach towels; furniture products, such as bedroom, office, living room, outdoor, and kids furniture; home and outdoor comprising home styling, home care and gifting, pets, outdoor, storage, and kitchen products; kid's products, including kids bedlinen, bedding, décor, bathroom, furniture, christmas, and nursery; as well as gifting products and kid collection.