Alexander (Alex) White Purchases 52,201 Shares of Coventry Group Ltd (ASX:CYG) Stock

Posted by Anthony Miller on Dec 6th, 2024

Coventry Group Ltd (ASX:CYG – Get Free Report) insider Alexander (Alex) White acquired 52,201 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were purchased at an average price of A$1.35 ($0.87) per share, for a total transaction of A$70,366.95 ($45,398.03).

Alexander (Alex) White also recently made the following trade(s):

On Tuesday, October 29th, Alexander (Alex) White purchased 56,510 shares of Coventry Group stock. The shares were purchased at an average cost of A$1.31 ($0.85) per share, with a total value of A$74,197.63 ($47,869.44).
On Thursday, October 31st, Alexander (Alex) White acquired 96,499 shares of Coventry Group stock. The shares were bought at an average price of A$1.35 ($0.87) per share, with a total value of A$130,466.65 ($84,172.03).
On Tuesday, October 15th, Alexander (Alex) White acquired 17,404 shares of Coventry Group stock. The shares were purchased at an average price of A$1.32 ($0.85) per share, with a total value of A$22,973.28 ($14,821.47).
On Wednesday, October 9th, Alexander (Alex) White bought 66,314 shares of Coventry Group stock. The shares were bought at an average cost of A$1.28 ($0.82) per share, for a total transaction of A$84,749.29 ($54,676.96).
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 ($0.84) per share, with a total value of A$209,739.46 ($135,315.78).

Coventry Group Price Performance

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

Coventry Group Increases Dividend

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

Coventry Group Company Profile

(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.