Coventry Group Ltd (ASX:CYG) Insider Alexander (Alex) White Buys 96,499 Shares

Posted by Trevor Kearing on Nov 7th, 2024

Coventry Group Ltd (ASX:CYG – Get Free Report) insider Alexander (Alex) White bought 96,499 shares of the business’s stock in a transaction on Thursday, October 31st. The stock was bought at an average price of A$1.35 ($0.90) per share, with a total value of A$130,466.65 ($86,401.75).

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

On Tuesday, October 29th, Alexander (Alex) White acquired 56,510 shares of Coventry Group stock. The stock was purchased at an average price of A$1.31 ($0.87) per share, with a total value of A$74,197.63 ($49,137.50).
On Tuesday, October 15th, Alexander (Alex) White bought 17,404 shares of Coventry Group stock. The shares were purchased at an average cost of A$1.32 ($0.87) per share, for a total transaction of A$22,973.28 ($15,214.09).
On Wednesday, October 9th, Alexander (Alex) White bought 66,314 shares of Coventry Group stock. The stock was purchased at an average price of A$1.28 ($0.85) per share, for a total transaction of A$84,749.29 ($56,125.36).
On Thursday, October 3rd, Alexander (Alex) White purchased 161,836 shares of Coventry Group stock. The shares were purchased at an average price of A$1.30 ($0.86) per share, with a total value of A$209,739.46 ($138,900.30).
On Tuesday, September 3rd, Alexander (Alex) White acquired 100,000 shares of Coventry Group stock. The stock was acquired at an average price of A$1.38 ($0.91) per share, for a total transaction of A$138,100.00 ($91,456.95).
On Monday, August 26th, Alexander (Alex) White bought 540,001 shares of Coventry Group stock. The stock was acquired at an average price of A$1.33 ($0.88) per share, for a total transaction of A$716,581.33 ($474,557.17).
On Wednesday, August 28th, Alexander (Alex) White purchased 60,000 shares of Coventry Group stock. The shares were acquired at an average price of A$1.37 ($0.91) per share, with a total value of A$82,380.00 ($54,556.29).

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 declared a Final dividend, which was paid on Thursday, October 10th. Stockholders 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. The ex-dividend date of this dividend was Thursday, September 26th. This represents a dividend yield of 2.88%. Coventry Group’s dividend payout ratio is presently 400.00%.

About Coventry Group

(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.