Insider Buying: MotorCycle Holdings Limited (ASX:MTO) Insider Acquires A$19,873.00 in Stock

MotorCycle Holdings Limited (ASX:MTOGet Free Report) insider Peter Henley purchased 11,900 shares of the business’s stock in a transaction on Monday, September 30th. The shares were acquired at an average price of A$1.67 ($1.15) per share, for a total transaction of A$19,873.00 ($13,705.52).

MotorCycle Stock Performance

The company has a current ratio of 1.78, a quick ratio of 0.18 and a debt-to-equity ratio of 72.19.

MotorCycle Cuts Dividend

The business also recently disclosed a Final dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, October 3rd were given a dividend of $0.07 per share. This represents a dividend yield of 4.05%. The ex-dividend date of this dividend was Wednesday, September 18th. MotorCycle’s dividend payout ratio is presently 73.68%.

About MotorCycle

(Get Free Report)

MotorCycle Holdings Limited owns and operates motorcycle dealerships in Australia. It operates through two segments, Motorcycle Retailing and Motorcycle Accessories Wholesaling. The company is involved in the sale of new motorcycles, used motorcycles, accessories and parts, and mechanical protection plan contracts; wholesaling and retailing of motorcycle accessories; and financing and insurance services for motorcycle purchases through third-party sources, as well as servicing and repair of motorcycles.

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