Supply Network Limited (ASX:SNL – Get Free Report) insider Geoffrey Stewart sold 38,337 shares of Supply Network stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of A$30.14 ($20.36), for a total transaction of A$1,155,477.18 ($780,727.82).
Supply Network Price Performance
The company has a quick ratio of 0.75, a current ratio of 2.74 and a debt-to-equity ratio of 49.78.
Supply Network Increases Dividend
The firm also recently declared a Final dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Wednesday, October 2nd will be given a dividend of $0.33 per share. This represents a yield of 1.12%. The ex-dividend date is Tuesday, September 17th. This is a positive change from Supply Network’s previous Final dividend of $0.28. Supply Network’s payout ratio is 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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