Cameron McCullagh Purchases 1,955,180 Shares of COG Financial Services Limited (ASX:COG) Stock

COG Financial Services Limited (ASX:COG) insider Cameron McCullagh acquired 1,955,180 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The stock was acquired at an average cost of A$0.96 ($0.66) per share, for a total transaction of A$1,873,062.44 ($1,291,767.20).

Cameron McCullagh also recently made the following trade(s):

• On Friday, September 6th, Cameron McCullagh purchased 201,341 shares of COG Financial Services stock. The stock was acquired at an average price of A$1.00 ($0.69) per share, with a total value of A$201,341.00 ($138,855.86).

COG Financial Services Stock Performance

The company has a debt-to-equity ratio of 185.01, a current ratio of 0.79 and a quick ratio of 0.47.

COG Financial Services Cuts Dividend

The business also recently declared a Final dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.044 per share. This represents a dividend yield of 4.19%. The ex-dividend date was Sunday, September 1st. COG Financial Services’s payout ratio is presently 128.57%.

COG Financial Services Company Profile

COG Financial Services Limited, together with its subsidiaries, engages in equipment financing and broking, aggregation, insurance broking, and novated leasing activities in Australia. The company operates through: Finance Broking and Aggregation; and Funds Management and Lending segments. It also provides management of investment funds; provides financing arrangements to commercial customers for essential business assets; and managed IT services.