David Schwartz Purchases 8,000 Shares of Schaffer Co. Limited (ASX:SFC) Stock

Schaffer Co. Limited (ASX:SFCGet Rating) insider David Schwartz purchased 8,000 shares of the firm’s stock in a transaction dated Friday, September 9th. The stock was acquired at an average cost of A$18.00 ($12.59) per share, with a total value of A$144,000.00 ($100,699.30).

Schaffer Stock Performance

The company has a debt-to-equity ratio of 28.96, a current ratio of 2.23 and a quick ratio of 1.21.

Schaffer Dividend Announcement

The firm also recently declared a Final dividend, which will be paid on Thursday, September 22nd. Stockholders of record on Thursday, September 22nd will be paid a $0.45 dividend. The ex-dividend date is Wednesday, September 7th. This represents a dividend yield of 2.5%. Schaffer’s payout ratio is 55.90%.

About Schaffer

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Schaffer Corporation Limited, a diversified industrial and investment company, manufactures and sells automotive leather and building materials primarily in Australia, Asia, and Europe. The company's Automotive Leather segment manufactures and supplies leather to the automotive industry. Its Building Materials segment manufactures pre-cast and pre-stressed concrete floors, beams, and wall products for infrastructure, building, and resource projects.

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