Cameron McCullagh Purchases 1,955,180 Shares of COG Financial Services Limited (ASX:COG) Stock

COG Financial Services Limited (ASX:COG) insider Cameron McCullagh purchased 1,955,180 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The stock was acquired at an average cost of A$0.96 ($0.66) per share, with a total value of A$1,873,062.44 ($1,291,767.20).

Cameron McCullagh also recently made the following trade(s):

• On Friday, September 6th, Cameron McCullagh purchased 201,341 shares of COG Financial Services stock. The shares were purchased at an average price of A$1.00 ($0.69) per share, for a total transaction of A$201,341.00 ($138,855.86).

COG Financial Services Stock Performance

The company has a debt-to-equity ratio of 185.01, a current ratio of 0.79 and a quick ratio of 0.47.

COG Financial Services Cuts Dividend

The business also recently disclosed a Final dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, October 1st were paid a $0.044 dividend. The ex-dividend date of this dividend was Sunday, September 1st. This represents a yield of 4.19%. COG Financial Services’s dividend payout ratio is presently 128.57%.

About COG Financial Services

COG Financial Services Limited, together with its subsidiaries, engages in equipment financing and broking, aggregation, insurance broking, and novated leasing activities in Australia. The company operates through: Finance Broking and Aggregation; and Funds Management and Lending segments. It also provides management of investment funds; provides financing arrangements to commercial customers for essential business assets; and managed IT services.