Peter Henley Purchases 11,900 Shares of MotorCycle Holdings Limited (ASX:MTO) Stock

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

MotorCycle Price 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. Shareholders of record on Thursday, October 3rd were given a $0.07 dividend. This represents a yield of 4.05%. The ex-dividend date of this dividend was Wednesday, September 18th. MotorCycle’s dividend payout ratio is 73.68%.

About MotorCycle

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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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