Reece Limited (ASX:REH – Get Free Report) insider Karen Penrose purchased 1,110 shares of the company’s stock in a transaction on Tuesday, April 16th. The shares were purchased at an average price of A$26.90 ($17.35) per share, with a total value of A$29,859.00 ($19,263.87).
Reece Stock Performance
The company has a current ratio of 2.34, a quick ratio of 1.07 and a debt-to-equity ratio of 49.81.
Reece Announces Dividend
The company also recently disclosed a Interim dividend, which was paid on Tuesday, April 9th. Stockholders of record on Tuesday, April 9th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, March 26th. This represents a dividend yield of 0.29%. Reece’s dividend payout ratio is currently 37.88%.
About Reece
Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets.
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