Alexander (Alex) White Buys 17,404 Shares of Coventry Group Ltd (ASX:CYG) Stock

Coventry Group Ltd (ASX:CYG) insider Alexander (Alex) White bought 17,404 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The stock was bought at an average cost of A$1.32 ($0.88) per share, for a total transaction of A$22,973.28 ($15,315.52).

Alexander (Alex) White also recently made the following trade(s):

• On Wednesday, October 9th, Alexander (Alex) White purchased 66,314 shares of Coventry Group stock. The stock was bought at an average price of A$1.28 ($0.85) per share, with a total value of A$84,749.29 ($56,499.53).
• On Thursday, October 3rd, Alexander (Alex) White acquired 161,836 shares of Coventry Group stock. The shares were bought at an average cost of A$1.30 ($0.86) per share, for a total transaction of A$209,739.46 ($139,826.30).
• On Tuesday, September 3rd, Alexander (Alex) White bought 100,000 shares of Coventry Group stock. The stock was purchased at an average cost of A$1.38 ($0.92) per share, with a total value of A$138,100.00 ($92,066.67).
• On Monday, August 26th, Alexander (Alex) White purchased 540,001 shares of Coventry Group stock. The shares were purchased at an average cost of A$1.33 ($0.88) per share, for a total transaction of A$716,581.33 ($477,720.88).
• On Wednesday, August 28th, Alexander (Alex) White acquired 60,000 shares of Coventry Group stock. The stock was purchased at an average cost of A$1.37 ($0.92) per share, with a total value of A$82,380.00 ($54,920.00).

Coventry Group Stock Performance

The company has a debt-to-equity ratio of 94.64, a current ratio of 1.30 and a quick ratio of 0.57.

Coventry Group Increases Dividend

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