Supply Network Limited (ASX:SNL – Get Free Report) insider Gregory Forsyth sold 146,044 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of A$37.75 ($23.74), for a total value of A$5,513,161.00 ($3,467,396.86).
Supply Network Stock Performance
The company has a current ratio of 2.74, a quick ratio of 0.75 and a debt-to-equity ratio of 49.78. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 46.94, a P/E/G ratio of -26.84 and a beta of 0.41.
Supply Network Increases Dividend
The company also recently disclosed a Interim dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd will be issued a $0.32 dividend. This is a boost from Supply Network’s previous Interim dividend of $0.23. The ex-dividend date is Wednesday, March 19th. This represents a yield of 0.91%. Supply Network’s payout ratio is presently 71.79%.
About Supply Network
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.
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