Neil Cathie Buys 12,164 Shares of Coventry Group Ltd (ASX:CYG) Stock

Coventry Group Ltd (ASX:CYG) insider Neil Cathie purchased 12,164 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was bought at an average cost of A$1.33 ($0.85) per share, for a total transaction of A$16,153.79 ($10,289.04).

Neil Cathie also recently made the following trade(s):

• On Friday, October 11th, Neil Cathie acquired 29,401 shares of Coventry Group stock. The shares were bought at an average cost of A$1.24 ($0.79) per share, with a total value of A$36,339.64 ($23,146.26).

Coventry Group Stock Performance

The company has a quick ratio of 0.57, a current ratio of 1.30 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. Investors of record on Thursday, October 10th were paid a $0.037 dividend. This is an increase from Coventry Group’s previous Final dividend of $0.04. This represents a yield of 2.88%. The ex-dividend date of this dividend was Thursday, September 26th. Coventry Group’s dividend payout ratio (DPR) is 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.