Insider Buying: COG Financial Services Limited (ASX:COG) Insider Buys 887,688 Shares of Stock

COG Financial Services Limited (ASX:COGGet Rating) insider Cameron McCullagh purchased 887,688 shares of the business’s stock in a transaction on Thursday, April 28th. The stock was acquired at an average price of A$1.45 ($1.04) per share, with a total value of A$1,284,484.54 ($924,089.59).

The company has a debt-to-equity ratio of 120.29, a current ratio of 0.87 and a quick ratio of 0.64.

The company also recently disclosed a Interim dividend, which was paid on Wednesday, April 27th. Stockholders of record on Wednesday, April 27th were issued a dividend of $0.035 per share. This represents a dividend yield of 2.32%. This is an increase from COG Financial Services’s previous Interim dividend of $0.00. The ex-dividend date was Wednesday, March 23rd. COG Financial Services’s dividend payout ratio is presently 131.58%.

About COG Financial Services (Get Rating)

COG Financial Services Limited engages in equipment finance broking and aggregation, and lending activities for business assets in Australia. It also offers IT managed services. The company was formerly known as Consolidated Operations Group Limited and changed its name to COG Financial Services Limited in November 2020.

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