Coventry Group Ltd (ASX:CYG) Insider Robert Bulluss Buys 10,000 Shares

Coventry Group Ltd (ASX:CYG) insider Robert Bulluss purchased 10,000 shares of Coventry Group stock in a transaction on Monday, December 9th. The shares were acquired at an average cost of A$1.30 ($0.83) per share, with a total value of A$13,000.00 ($8,280.25).

Robert Bulluss also recently made the following trade(s):

• On Friday, November 15th, Robert Bulluss purchased 10,000 shares of Coventry Group stock. The stock was bought at an average cost of A$1.34 ($0.85) per share, for a total transaction of A$13,420.00 ($8,547.77).

Coventry Group Stock 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 business 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. This is a positive change from Coventry Group’s previous Final dividend of $0.04. This represents a yield of 2.88%. The ex-dividend date was Thursday, September 26th. Coventry Group’s payout ratio is 400.00%.

Coventry Group Company Profile

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.