Insider Selling: Ryder Capital Limited (ASX:RYD) Insider Sells 2,500,000 Shares of Stock

Ryder Capital Limited (ASX:RYDGet Free Report) insider Peter Constable sold 2,500,000 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of A$1.25 ($0.80), for a total value of A$3,125,000.00 ($1,990,445.86).

Ryder Capital Price Performance

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

Ryder Capital Increases Dividend

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

About Ryder Capital

(Get Free Report)

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

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