Reece Limited (ASX:REH – Get Free Report) insider Gavin Street bought 2,237 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The stock was acquired at an average price of A$18.34 ($11.39) per share, with a total value of A$41,026.58 ($25,482.35).
Reece Price Performance
The company has a quick ratio of 1.07, a current ratio of 2.17 and a debt-to-equity ratio of 47.17. The company has a market capitalization of $14.51 billion, a PE ratio of 34.61, a PEG ratio of 1.37 and a beta of 0.83.
Reece Cuts Dividend
The business also recently announced a Interim dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, April 1st will be issued a $0.065 dividend. The ex-dividend date is Monday, March 17th. This represents a yield of 0.36%. Reece’s payout ratio is 40.00%.
Reece Company Profile
Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets.
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