Alan Rydge Buys 50,000 Shares of EVT Limited (ASX:EVT) Stock

EVT Limited (ASX:EVT) insider Alan Rydge acquired 50,000 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was bought at an average price of A$10.75 ($7.17) per share, with a total value of A$537,500.00 ($358,333.33).

Alan Rydge also recently made the following trade(s):

• On Friday, August 30th, Alan Rydge purchased 2,779 shares of EVT stock. The stock was bought at an average cost of A$10.79 ($7.19) per share, with a total value of A$29,988.19 ($19,992.13).
• On Monday, September 2nd, Alan Rydge acquired 20,221 shares of EVT stock. The stock was acquired at an average price of A$10.73 ($7.15) per share, with a total value of A$217,011.77 ($144,674.51).

EVT Price Performance

The company has a current ratio of 0.56, a quick ratio of 0.53 and a debt-to-equity ratio of 137.36.

EVT Announces Dividend

The business also recently disclosed a Final dividend, which will be paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a dividend yield of 1.99%. EVT’s payout ratio is 1,133.33%.

EVT Company Profile

EVT Limited operates as an entertainment, hospitality, and leisure company in Australia, New Zealand, and Germany. The company operates through Entertainment, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments segments. It is involved in film exhibition operations under the Event Cinemas, Moonlight Cinemas, Greater Union, Birch, and Carroll & Coyle cinemas brands; and the operation of Cinebuzz Rewards, a movie loyalty program, as well as State Theatre, a 2,000-seat theatre located in Sydney.