Supply Network Limited (ASX:SNL – Get Free Report) insider Karen Phin acquired 2,500 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were bought at an average cost of A$34.98 per share, with a total value of A$87,450.00.
Supply Network Stock Performance
The company has a market capitalization of $1.53 billion, a P/E ratio of 35.40, a price-to-earnings-growth ratio of -26.84 and a beta of 0.41. The company has a current ratio of 3.18, a quick ratio of 0.75 and a debt-to-equity ratio of 55.79.
Supply Network Announces Dividend
The firm also recently announced a Interim dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, April 1st will be given a dividend of $0.36 per share. This represents a yield of 102.0%. The ex-dividend date of this dividend is Tuesday, March 17th. Supply Network’s dividend payout ratio is currently 89.74%.
Supply Network Company Profile
Supply Network Limited provides aftermarket parts to the commercial vehicle industry in Australia and New Zealand. The company sells truck and bus parts under the Multispares brand name, as well as offers a range of services comprising parts interpreting, procurement, supply management, and problem solving. The company was incorporated in 1986 and is headquartered in Pemulwuy, Australia.
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