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

Coventry Group Ltd (ASX:CYG) insider Neil Cathie bought 12,164 shares of the business’s stock in a transaction on Friday, December 6th. The stock was bought at an average price 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 acquired at an average price 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 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 declared a Final dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were issued 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 (DPR) 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.