Eagers Automotive Limited (ASX:APE) Insider Nicholas Politis Acquires 60,000 Shares

Eagers Automotive Limited (ASX:APE) insider Nicholas Politis acquired 60,000 shares of Eagers Automotive stock in a transaction on Monday, April 7th. The shares were purchased at an average cost of A$14.83 ($9.21) per share, with a total value of A$889,740.00 ($552,633.54).

Eagers Automotive Stock Performance

The company has a quick ratio of 0.42, a current ratio of 1.02 and a debt-to-equity ratio of 250.45. The stock has a market cap of $3.33 billion, a PE ratio of 12.83, a PEG ratio of -2.13 and a beta of 1.61.

Eagers Automotive Announces Dividend

The company also recently declared a Final dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, April 10th were given a dividend of $0.50 per share. The ex-dividend date was Wednesday, March 26th. This represents a yield of 3.34%. Eagers Automotive’s payout ratio is 73.27%.

Eagers Automotive Company Profile

Eagers Automotive Limited, an automotive retail company, owns and operates motor vehicle dealerships in Australia and New Zealand. It operates in two segments, Car Retailing and Property. The Car Retailing segment offers a range of automotive products and services, including new and used vehicles, vehicle maintenance and repair services, vehicle parts, service contracts, vehicle brokerage services, vehicle protection products, and other aftermarket products.