Coventry Group Ltd (ASX:CYG) Insider Buys A$13,420.00 in Stock

Coventry Group Ltd (ASX:CYG) insider Robert Bulluss acquired 10,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average price of A$1.34 ($0.87) per share, for a total transaction of A$13,420.00 ($8,714.29).

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 business also recently announced a Final dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were given a dividend of $0.037 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a dividend yield of 2.88%. This is an increase from Coventry Group’s previous Final dividend of $0.04. Coventry Group’s dividend payout ratio 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.