Corby Spirit and Wine Ltd (TSE:CSW.A) Senior Officer Sells C$37,175.00 in Stock

Corby Spirit and Wine Ltd (TSE:CSW.A) Senior Officer Ryan Thomas Joseph Smith sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of C$14.87, for a total value of C$37,175.00. Following the sale, the insider now owns 991 shares in the company, valued at approximately C$14,736.17. This represents a 71.61 % decrease in their position.

Corby Spirit and Wine Price Performance

Shares of CSW.A opened at C$14.71 on Friday. The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 77.55. The company’s fifty day simple moving average is C$14.08 and its 200 day simple moving average is C$13.15. Corby Spirit and Wine Ltd has a 1-year low of C$12.12 and a 1-year high of C$15.66. The company has a market cap of C$357.01 million, a price-to-earnings ratio of 17.51 and a beta of 0.27.

Corby Spirit and Wine Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.25%. This is a boost from Corby Spirit and Wine’s previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, February 26th. Corby Spirit and Wine’s dividend payout ratio is presently 104.76%.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace.