Nick Scali (ASX:NCK) Insider Niranjan (Niran) Peiris Purchases 5,435 Shares of Stock

Nick Scali Limited (ASX:NCK) insider Niranjan (Niran) Peiris bought 5,435 shares of Nick Scali stock in a transaction that occurred on Monday, February 23rd. The shares were acquired at an average cost of A$18.40 per share, for a total transaction of A$100,004.00.

Niranjan (Niran) Peiris also recently made the following trade(s):

• On Tuesday, February 17th, Niranjan (Niran) Peiris purchased 5,194 shares of Nick Scali stock. The stock was bought at an average cost of A$19.25 per share, for a total transaction of A$99,984.50.

Nick Scali Price Performance

The company has a market capitalization of $1.47 billion, a PE ratio of 17.51, a PEG ratio of 1.37 and a beta of 1.48. The company has a debt-to-equity ratio of 124.28, a current ratio of 1.14 and a quick ratio of 0.41.

Nick Scali Dividend Announcement

The company also recently disclosed a Interim dividend, which will be paid on Monday, March 23rd. Shareholders of record on Monday, March 23rd will be given a dividend of $0.39 per share. This represents a yield of 212.0%. The ex-dividend date of this dividend is Sunday, March 1st. Nick Scali’s payout ratio is presently 66.67%.

About Nick Scali

Nick Scali Limited, together with its subsidiaries, engages in sourcing and retailing of household furniture and related accessories in Australia and New Zealand. It offers sofas and armchairs; TV and entertainment units; coffee, side, and console and hallway tables; dinning tables and chairs, and buffet tables and sideboards; mattresses, bed frames, bedside tables, tallboy, and dressers; and rugs, mirrors, and lighting. The company provides its products through a network of stores in Australia and New Zealand, as well as online.