COG Financial Services Limited (ASX:COG) Insider Stephen (Steve) White Sells 144,875 Shares

COG Financial Services Limited (ASX:COG) insider Stephen (Steve) White sold 144,875 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of A$1.19 ($0.72), for a total value of A$172,401.25 ($104,485.61).

COG Financial Services Stock Performance

The stock has a market cap of $210.92 million, a price-to-earnings ratio of 1.03 and a beta of 0.79. The company has a quick ratio of 0.47, a current ratio of 0.70 and a debt-to-equity ratio of 248.38.

COG Financial Services Cuts Dividend

The company also recently disclosed a Interim dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, April 10th will be given a dividend of $0.03 per share. The ex-dividend date is Sunday, March 9th. This represents a yield of 2.99%. COG Financial Services’s dividend payout ratio is 128.57%.

About COG Financial Services

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.