Coventry Group Ltd (ASX:CYG) Insider Alexander (Alex) White Acquires 17,404 Shares

Posted by ABMN Staff on Oct 24th, 2024

Coventry Group Ltd (ASX:CYG – Get Free Report) insider Alexander (Alex) White purchased 17,404 shares of Coventry Group stock in a transaction on Tuesday, October 15th. The stock was bought at an average price 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 acquired 66,314 shares of Coventry Group stock. The shares were purchased 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 bought 161,836 shares of Coventry Group stock. The stock was purchased at an average price 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 purchased 100,000 shares of Coventry Group stock. The shares were purchased at an average price 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 acquired 540,001 shares of Coventry Group stock. The stock was 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 bought 60,000 shares of Coventry Group stock. The stock was acquired 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 Price Performance

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

Coventry Group Increases Dividend

The firm also recently announced a Final dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were issued a $0.037 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from Coventry Group’s previous Final dividend of $0.04. This represents a dividend yield of 2.88%. Coventry Group’s payout ratio is 400.00%.

About Coventry Group

(Get Free Report)

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.