Lynch Group Holdings Limited (ASX:LGL) Insider Peter Clare Purchases 36,000 Shares

Lynch Group Holdings Limited (ASX:LGLGet Free Report) insider Peter Clare purchased 36,000 shares of the stock in a transaction dated Tuesday, March 19th. The stock was bought at an average cost of A$1.34 ($0.88) per share, with a total value of A$48,276.00 ($31,552.94).

Lynch Group Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.09 and a debt-to-equity ratio of 51.38.

Lynch Group Cuts Dividend

The firm also recently disclosed a Interim dividend, which was paid on Tuesday, March 19th. Investors of record on Tuesday, March 19th were issued a $0.04 dividend. The ex-dividend date of this dividend was Monday, March 4th. This represents a yield of 2.85%. Lynch Group’s payout ratio is -73.33%.

Lynch Group Company Profile

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Lynch Group Holdings Limited operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China. The company's product portfolio includes gerbera, geraldton wax, phalaenopsis orchids, potted color products, and other wildflowers. It also exports its products.

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