Insider Selling: Ryder Capital Limited (ASX:RYD) Insider Sells 900,000 Shares of Stock

Ryder Capital Limited (ASX:RYD) insider David Bottomley sold 900,000 shares of the stock in a transaction on Monday, March 10th. The shares were sold at an average price of A$1.21 ($0.77), for a total value of A$1,084,500.00 ($690,764.33).

David Bottomley also recently made the following trade(s):

• On Tuesday, December 17th, David Bottomley sold 125,000 shares of Ryder Capital stock. The shares were sold at an average price of A$1.30 ($0.82), for a total value of A$161,875.00 ($103,105.10).

Ryder Capital Price Performance

The firm has a market cap of $109.57 million and a P/E ratio of 54.99.

Ryder Capital Increases Dividend

The business also recently announced a Interim dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.045 per share. This represents a yield of 3.35%. The ex-dividend date was Sunday, February 23rd. This is a boost from Ryder Capital’s previous Interim dividend of $0.04. Ryder Capital’s dividend payout ratio is 350.00%.

About Ryder Capital

Ryder Capital Limited is a listed investment company launched and managed by Ryder Investment Management Pty Limited. Ryder Capital Limited is based in Australia.