Karen Phin Buys 2,500 Shares of Supply Network (ASX:SNL) Stock

Supply Network Limited (ASX:SNLGet Free Report) insider Karen Phin purchased 2,500 shares of Supply Network stock in a transaction that occurred on Wednesday, February 25th. The stock was acquired at an average price of A$34.98 per share, with a total value of A$87,450.00.

Supply Network Stock Performance

The company has a debt-to-equity ratio of 49.78, a quick ratio of 0.75 and a current ratio of 2.74. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 46.94, a price-to-earnings-growth ratio of -26.84 and a beta of 0.41.

Supply Network Announces Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, April 1st will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a dividend yield of 102.0%. Supply Network’s dividend payout ratio (DPR) is currently 71.79%.

About Supply Network

(Get Free Report)

Supply Network Limited provides aftermarket parts to the commercial vehicle industry in Australia and New Zealand. The company sells truck and bus parts under the Multispares brand name, as well as offers a range of services comprising parts interpreting, procurement, supply management, and problem solving. The company was incorporated in 1986 and is headquartered in Pemulwuy, Australia.

Further Reading

Insider Buying and Selling by Quarter for Supply Network (ASX:SNL)

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